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EU’s secret ’sweetheart’ tax deals with multinational corporations soar to record numbers
Advanced pricing agreements (APAs) also known as ’comfort letters’ or ’sweetheart deals’. These special types of tax rulings are secret agreements signed between multinational corporations and governments to define the future terms of taxation. The…
Europe leads the race towards a 0% corporate tax rate
Governments in Europa are slashing corporate tax rate in a very costly and destructive race to the bottom, conclude researchers in the latest Eurodad report Tax games: the race to the bottom. Europe’s role in…
Tax games: the race to the bottom
Europe's role in supporting an unjust global tax system
Input for the review of the European Investment Bank’s Complaints Mechanism
A coalition of 25 organizations, including SOMO, comments on the draft Policy and Procedures for the Complaints Mechanism (CM) of the European Investment Bank (EIB). The revision of the CM is a crucial opportunity to…
Survival of the Richest
Europe’s role in supporting an unjust global tax system 2016
Sharp rise in secret ‘sweetheart tax deals’ with multinational corporations
Secret ‘sweetheart deals’ in the EU have soared, according to a new Eurodad report. Incredibly, after the LuxLeaks scandal the amount of deals kept increasing dramatically, from 547 in 2013 to 972 in 2014, finally…
A year after Luxleaks, most EU countries still fail to tackle tax dodging
One year ago, the ‘Luxembourg Leaks’ scandal revealed the shocking scale of corporate tax dodging, as well as the key role EU countries play in the problem. Now, a new report shows that most EU…
Fifty shades of tax dodging
The EU´s role in supporting an unjust global tax system
The end of anonymous holding companies?
In this short film by Eurodad, masked CEOs discuss the impact of the EU initiative to put an end to anonymous corporate structures by establishing a register of the owners of these companies and trusts….
Hidden Profits
Last week, the Luxembourg Leaks investigation exposed the secret deals which have allowed transnational companies to dodge taxes on a colossal scale. In its wake, a new report – ‘Hidden profits’ – compares 15 EU…
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