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Oct 11, 2013

Germany can’t wait for Europe on tax avoidance crackdown

BERLIN, Oct 11 (Reuters) – A new German government should
crack down on tax avoidance by multinational firms without
waiting for its European partners to act, an influential member
of the Social Democrats said ahead of a new round of exploratory
coalition talks with Angela Merkel.

Norbert Walter-Borjans, finance minister for the big state
of North Rhine-Westphalia (NRW), told Reuters he expected the
fight against tax evasion and profit-shifting by companies to be
a major topic of discussion if the SPD enters more formal
negotiations with Merkel’s conservatives.

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    • About Noah

      "I run the Reuters news operations for Germany, Austria and Switzerland based in Berlin, and write regularly about German politics and European economic issues. I've reported from over 20 countries for Reuters since joining in the mid-1990s, including stints in Paris, London and New York."
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