European Action on Multinational Tax Transparency Requirements Underscores Need for Strong U.S. Action
The Financial Accountability and Corporate Transparency (FACT) Coalition today reiterated the need for quick movement on the Disclosure of Tax Havens and Offshoring Act, proposed U.S. legislation that would require multinational corporations to disclose their taxes paid and other key information publicly on a country-by-country basis, after negotiations in Europe resulted in a political agreement yesterday for limited public reporting of corporate taxes paid.
