{"id":21147,"date":"2013-06-12T14:12:43","date_gmt":"2013-06-12T13:12:43","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=21147"},"modified":"2013-06-12T14:12:43","modified_gmt":"2013-06-12T13:12:43","slug":"michel-barnier-suggests-something-closer-to-true-eu-country-by-country-reporting-is-on-its-way","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/06\/12\/michel-barnier-suggests-something-closer-to-true-eu-country-by-country-reporting-is-on-its-way\/","title":{"rendered":"Michel Barnier suggests something closer to true EU country-by-country reporting is on its way"},"content":{"rendered":"<p>This statement was issued by the <a href=\"http:\/\/ec.europa.eu\/commission_2010-2014\/barnier\/headlines\/speeches\/2013\/06\/20130612_en.htm\" target=\"_blank\">office of EU Commissioner\u00a0Michel\u00a0Barnier <\/a>today:<\/p>\n<blockquote><p>\u201cI welcome today\u2019s vote by the European Parliament on the new Accounting and Transparency Directives\u201d.<\/p>\n<p>\u201cFinancial reporting obligations have been modernised and costs reduced, in particular for SMEs. With the new rules on country by country reporting, we have created a framework where businesses and governments must disclose revenues from natural resources. This framework will also contribute to the fight against tax fraud and corruption\u201d.<\/p>\n<p>\u201cBut we must go further now and take measures on more transparency on tax for all large companies and groups \u2014 the taxes they pay, how much and to whom. I think it should be possible to introduce rules for the publication of the information on a country by country basis, similar to those approved for banks in CRD IV, or in the Commission\u2019s proposal on improving the transparency of certain large companies on non-financial reporting, adopted in April\u201d.<\/p><\/blockquote>\n<p>The suggestion at the press conference was that this might be by the end of this year.....I will wait and see.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This statement was issued by the office of EU Commissioner\u00a0Michel\u00a0Barnier today: \u201cI welcome today\u2019s vote by the European Parliament on the new Accounting and Transparency<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/06\/12\/michel-barnier-suggests-something-closer-to-true-eu-country-by-country-reporting-is-on-its-way\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79],"tags":[],"class_list":["post-21147","post","type-post","status-publish","format-standard","hentry","category-country-by-country"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/21147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=21147"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/21147\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=21147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=21147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=21147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}