New EU rules toothless against tax avoidance by multinationals
The EU and OECD have jointly developed rules to prevent companies from exploiting differences in national legislation for financial gain. According to a new thesis/study at Uppsala University, however, companies are able to circumvent the rules. “The losers are mainly developing countries that are not members of the EU or OECD," explains Autilia Arfwidsson, doctoral student in Law.