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European Parliament Publishes List of Companies that have Refused to Meet with the Special Committee on Tax Rulings — Orbitax Tax News & Alerts

On 9 June 2015, the European Parliament issued a press release expressing its disappointment that of the 15 companies invited to meet with the Special Committee on Tax Rulings, only 1 has accepted the invite, 7 have declined and 7 have not yet formally replied.

The Special Committee was approved by Parliament in February 2015, with the mandate to look into tax ruling practices as far back as 1 January 1991, and review how the European Commission treats State aid in Member States and the extent to which the States are transparent about their tax rulings. The committee is also tasked with the evaluation of the negative impact of aggressive tax planning on public finances and the development of recommendations for the future.

Click the following links for the press release and a list of the invited companies including their replies to date.