Multinational Tax Evation: Waiting for Godot: tackling multinationals’ tax avoidance – by Francesco Saraceno and Tommaso Faccio

The Netherlands’ insistence that everyone ‘go Dutch’ on mushrooming coronavirus deficits in the European Union has (given its complicity) revived the debate on tax havens within the EU. In an ideal world, action on joint debt issuance should go hand in hand with tax harmonisation and brakes on fiscal dumping.

But, given the current standstill in Europe, it is more likely that national solutions to avoid tax-base erosion will be sought, at least in the near future. Enforcing transparency and leveraging on company reputations could be enacted more effectively than the bans and regulations currently considered.

Note EU Digest:  The Netherlands Government of  Mark Rutte is one of the major EU culprits in facilitating these Multi- National Corporations (Mainly US companies) to dodge paying their local country taxes, by registering them as "special status" Dutch corporations.

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Waiting for Godot: tackling multinationals’ tax avoidance – Francesco Saraceno and Tommaso Faccio