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EU To Seal Multinationals’ Tax Loopholes

Due to the seemingly high corporate tax rates in the United States, a significant number of American multinational companies have been calculatedly shifting their bases to favorable European tax regimes to reduce their tax burdens. Fortunately for tax authorities, the situation is set to change after European Union finance minister unanimously agreed to facilitate automatic …
Read Article: EU To Seal Multinationals’ Tax Loopholes