EU Plans to Tackle Tax Avoidance Are a Good Start – But Only a Start (The Guardian)

“However, the proposal comes amid fierce lobbying from business interest groups, particularly in the US, where the National Association of Manufacturers has led calls for Washington to resist disclosures of what it called “sensitive, proprietary business information”. NAM members include many US multinationals.

On Tuesday, Dorothy Coleman, NAM spokeswoman on tax, said: “It’s not hard to conclude this is part of a move by Europe towards more aggressive tax audits, going beyond internationally accepted tax norms. And it is US companies that are very much in the crosshairs.”

She added: “The public is not well placed to analyse this kind of information and we are concerned it will be misused or misunderstood.”

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