Reuters reports that a small team of European Union officials is spearheading an investigation that could force some of the world’s biggest companies to pay billions of euros in avoided taxes.
Whilst the EU is having some modest success, it is missing billions of Dollars of taxes that are avoided by big corporates. The article highlights how the team is inexperienced and under-resourced. Meanwhile extra billions of Dollars are being found in contingency coffers to cope with the refugee crisis.
Surely, the EU’s investigation teams should be beefed up in resources?