Large multinational corporations have for a few years now been required to report to the EU how much they pay in taxes to each European country they operate in. But now, after an agreement last month, it looks like those reports will soon be made public.
On this episode of our weekly podcast, Talking Tax, Willy de Molina, a transfer pricing partner with Deloitte, talks about the impact this new rule might have. Molina, based in Spain, told Bloomberg Tax editor Joe Stanley-Smith that the headaches this rule could cause go beyond logistics, with possible reputational risks for some companies.
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