Investment Perspectives:
In the wake of the Panama Papers revelations, The European Commission recently announced it would be taking steps to increase tax transparency, and crack down on off-shore havens.
Under new proposals revealed on April 12th, the Commission will be putting forward legislation, requiring firms operating in Europe with sales of over £600m to publish details of how much they earn and how much tax they pay on a country-by-country basis.
To offer his analysis of the proposals, Ed Mitchell from Investment Perspectives is joined by Alex Cobham, Director of Research at the Tax Justice Network.