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Disclosure of income tax information by certain undertakings and branches (debate)
Tax evasion by large enterprises is a major global problem. Not only does this affect domestic public finances, but it also causes social inequality and injustice in the markets. In recent years, it has been revealed that the Silicon Valley giants had taken advantage of tax loopholes and avoided USD 100 billion in taxes. Moreover, the EU loses almost EUR 50-70 billion euros in tax revenues each ye…