Big corporations pay, according to a study by the Greens in the EU Parliament, almost nowhere in the European Union, the statutory tax rate. There are massive differences between the officially applicable taxes and actual tax burden of multinational companies, reported the “Süddeutsche Zeitung”, citing the study, to be published on Tuesday.
Thus, there are in Luxembourg, the strongest deviation between the nominal and the effective tax rate: Officially, this was in the years 2011 to 2015, with 29 percent; in fact, companies paid an average of only two per cent. Also in Hungary, the Netherlands and Austria, the difference was greater than the EU average. In Germany, the tax burden is actually at 30 percent, according to the study, companies from the led but in fact, only 20 percent to the Treasury. Only in Bulgaria, no deviation was found.
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If all the companies would have to pay their taxes at the place of value creation and not on self-chosen location, that would be the Problem from the table.
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The financial policy spokesman of the Greens in the European Parliament, Sven Giegold, called for more transparency about the tax practices of multinational companies. “The EU Commission has submitted a good proposal to the tax transparency of large corporations,” said Giegold, the “süddeutsche Zeitung”. “As Finance Minister, Olaf Scholz, has to abandon its Blockade and the Council for country-by-country tax transparency.” The EU needs to show the citizens before the European elections in may, you can get some Effective dubious tax practices at the range, called Giegold.
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according to The paper, the Green used for the investigation on the database of Orbis, because these deliver the best available information on the tax burden of large enterprises. They had been assessed by the tax experts, Petr Jansky of the Charles University in Prague. (AFP, Reuters)
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