Thank you Mr. President Dear Colleagues, dear Commissioner, 240 billion dollars: this is the amount of missing tax revenues due to multinationals’ tax elusion, according to OECD estimates. Researchers from Berkeley and the University of Copenhagen estimated that in 2016 40% of big companies’ profits were shifted to tax heavens every year, corresponding to an…
What is a green financial product? What does it mean to invest in a sustainable business? These and other questions have been at the basis of our negotiations on the so called “Taxonomy”, a European rulebook that identifies the criteria to determine whether an economic activity is sustainable. After three months of “trilogues” (inter-institutional negotiations…
Thank you Mr. President Dear Colleagues, dear Commissioner, 240 billion dollars: this is the amount of missing tax revenues due to multinationals’ tax elusion, according to OECD estimates. Researchers from Berkeley and the University of Copenhagen estimated that in 2016 40% of big companies’ profits were shifted to tax heavens every year, corresponding to an…