BRUSSELS—The European Union announced twin measures aimed at curbing tax avoidance by global corporations as criticism on the budget-strapped Continent mounted over the tax practices of companies such as Apple Inc. and Google Inc.
The European Commission said it plans to close a loophole that allows some companies to pay little or no tax by routing profits abroad. The commission, which is the EU’s executive arm, predicted that the…
Read more here: EU Attacks Corporate Tax Loophole
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