The finance ministers of Germany, France and Italy have called on the EU to propose new law to curb corporate tax avoidance,
In a joint letter to the EU's economics commissioner Pierre Moscovici on Monday (1 December), Germany's Wolfgang Schaeuble, France's Michel Sapin and Pier-Carlo Padoan from Italy said that a new EU directive on anti-base erosion and profit-sharing could be presented before the end of 2014.
"This strong initiative taken by the EU ... would give Europe the lea...
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Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.