Dodgy tax practices
involving State deals with multinationals will be subject to much greater
scrutiny once new EU rules come into place. That’s the view of the Fine Gael
MEP Brian Hayes. He was speaking in the
European Parliament which today expressed its opinion on what’s called the Mandatory
Exchange of Information Directive. When it comes into force in 2017, this new
EU law will oblige EU countries to share information on any “tax ruling” deals
they grant to multinationals based there. Brian Hayes now explains.