The European Commission has confirmed that a financial transactions tax (FTT) will be introduced as part of the financial structure for its political objectives in the next five years, the Multiannual Financial Framework (MFF). An FTT is planned to assist the Commission’s effort to become self-funding between 2014 and 2020.
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The newly launched Tax Responsibility and Transparency Index will assess the ethicality of companies’ tax practices against global standards and regulations
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