At the moment it is a measure that the European Union wants to take so that multinationals such as Google, Apple, Facebook, Starbucks or Amazon They may be forced to disclose their income and tax returns in Europe thanks to the new draft legislation.
At the moment, the president of the commission, Jean-Claude Juncker, explains that this initiative is interesting for large companies to show the taxes they pay in each of the countries where they work. With this it is achieved avoid pacts with local governments on how to report your benefits.
Logically this news about the European Commission published by the medium The Guardian, is in the approval process and if it is approved, it would be presented at the beginning of April this year. In principle we can confirm that if this proposal is carried out it would apply to all multinational companies operating around the world and not just in the EU.
And it is that not only Apple is in the crosshairs of the administrations for tax evasion, many multinationals agree with the governments for their benefits. It is the case discovered by the commissioner, Margrethe Vestager, which has already observed tax evasion at Starbucks in the Netherlands, Fiat in Luxembourg (then paying 30 million euros in taxes) and what other 35 multinationals in Belgium pay 700 million euros for evasion.
With the new measure - if approved - the tax details of the multinationals would be shown and tax evasion by these large multinationals would be a little more complicated. Today Apple in Ireland and Amazon in Luxembourg are under investigation like other large multinationals.