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EU Seeks to Shame Tax Free-Riders

European regulators want to force companies to disclose how much they send to offshore havens.

By Robert Hutton, Bloomberg | Updated on April 13, 2016

European Union regulators sought to shame big global companies into paying their full tax bill by forcing them to publish how much they divert to offshore havens.

Amid the fury over the Panama tax-cheating leaks, roughly 6,500 companies with EU operations would be required to make public taxes paid to havens on an as yet undetermined blacklist.

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