21st Mar 2018


Google faced effective tax rate of 13.8% in Ireland

Google paid the state of Ireland €163.8 million in tax last year, state broadcaster RTE reported on Wednesday. In 2015 that had been €47.8 million. Google's profits were €1.183 billion, which means its effective tax rate was 13.8 percent. According to the European Commission, which is looking for ways to tax the digital economy, the effective average tax rate of companies with a traditional business model is 20.9 percent.

Whistleblower fears for life as US arrest Malta bank chair

US authorities have arrested the chair of the Maltese-registered Pilatus Bank for tax evasion. The bank facilitated political corruption in Malta but its whistleblower is now facing jail in Malta and fears for her life.

US yet to push on Nord Stream 2 sanctions

Washington would still like to block a planned gas pipeline between Russia and Germany but is not yet considering hitting companies involved in the project.

EU mulls coercion to get refugee kids' fingerprints

EU policy and law makers are ironing out final details of a legislative reform on collecting the fingerprints of asylum seekers and refugees, known as Eurodac. The latest plan includes possibly using coercion against minors, which one MEP calls "violence".

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