The S&D Group today demanded that the European Council explains its failure to prepare a position on laws that will ensure corporate tax transparency for multinational companies in Europe. The public Country-by-Country Reporting (pCBCR) Directive has been blocked for over two years by several member states who protect the interests of big multinational tax evaders. The obligation to make public their profits, tax to pay, paid tax and number of employees for each country in which they operate, will hold the biggest companies in the world and all governments to account.

In response to the Dieselgate scandal, which had revealed serious loopholes in the system set up for approving and surveilling new cars, the Socialists and Democrats had taken the lead in tightening up the rules to better protect consumers and the environment, and restore faith in the car industry. The European Parliament will today debate and tomorrow vote on the new robust rules the S&D Group was instrumental in bringing about.

 

The European Parliament today backed a resolution supporting the work of the United Nations to create compacts on safe, orderly and regular migration and on refugees.