As seven of Europe’s biggest airlines earlier this week voiced their opposition to the EU’s decision to bring aviation into the Emissions Trading Scheme (ETS), a much longer list of American academics have asked their government to back the EU or back off.
A report from the Tax Justice Network (TJN) has piled criticism on the OECD’s methods of tackling tax haven secrecy. It has drawn the ire of the organisation’s head of tax, Pascal Saint-Amans, and deepened a growing divide between the two camps on how best to stamp out avoidance.
Multinationals with nothing to hide should back country-by-country reporting to reduce their exposure to risk and negative press and to make investors happy.
Seven of Europe's biggest aviation companies have joined forces to protest against the European Union's plans to tax airline carbon emissions. Read why this is a waste of time.