10 September 2013
SOMO have released a new report on tax avoidance in Europe. The briefing looks at the role that the Netherlands plays in reducing the tax payments of Portuguese multinational corporations (MNCs) in Portugal. It finds that 19 out of the 20 biggest Portuguese multinationals are using a letterbox company in the Netherlands in order to pay fewer taxes in their home country.
Read the report here.
This website was produced with the financial support of the European Union. It is the sole responsibility of Citizens for Financial Justice and Financial Justice Ireland and does not necessarily reflect the views of the European Union.
This website has also been developed with funding from Irish Aid’s WorldWise Global Schools. Irish Aid’s WorldWise Global Schools is the national programme for Global Citizenship Education (GCE) for post-primary schools in Ireland. The ideas, opinions and comments on this website are entirely the responsibility of its authors and do not necessarily represent or reflect WorldWise Global Schools and/or Irish Aid policy.
