PES Finance Ministers call for ambitious measures to tackle corporate tax avoidance

PES Finance Ministers call for ambitious measures to tackle corporate tax  avoidance

Lithuanian Finance Minister and chair of the network, Rimantas Šadžius, stated: “We warmly welcome the fact that combatting tax evasion and tax avoidance remain at the top of Europe’s political priorities. Big steps forward have been taken so far to require multinationals to report tax-related information in the countries in which they operate and for this information to be exchanged automatically. But more needs to be done to ensure that a strong framework of rules is created to stop companies from using loopholes to avoid paying taxes. Our aim is clear companies should be taxed where they operate.”