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Amazon is one of a series of multi-nationals whose tax arrangements are under scrutiny from an MEP inquiry committee. (Photo: Nic Taylor)

Luxleaks committee demands overhaul of EU tax rules

Governments that offer multi-national firms sweetheart tax deals should not be allowed to benefit if the European Union orders them to claw back the aid, according to a new report by the European Parliament’s special committee on tax rulings.

Instead, the proceeds should be “returned to the member states which have suffered from an erosion of their tax bases or to the EU budget, and not to the member state which granted the illegal tax-related aid, as is currently the case,” the

Author Bio

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.

Amazon is one of a series of multi-nationals whose tax arrangements are under scrutiny from an MEP inquiry committee. (Photo: Nic Taylor)

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Author Bio

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.

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