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EU finance ministers unveil tax avoidance crackdown rules - economy

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European Union finance ministers have agreed new rules to crack down on big multinational companies that are not paying their fair share of tax. The aim is to stop them exploiting different tax and tax deduction regulations in the countries where they operate to drastically reduced what they pay.The new rules, due to go into effect in 2020, should help the EU recoup revenues from companies that cut their tax bills by declaring profits in countries with low or no taxation. WATCH: Highlight…READ MORE : http://www.euronews.com/2017/02/21/eu...euronews business brings you latest updates from the world of finance and economy, in-depth analysis, interviews, infographics and moreSubscribe for daily dose of business news: http://bit.ly/1pcHCzjMade by euronews, the most watched news channel in Europe.

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euronews economy Taxes European Union Tax evasion banking business commerce economics investment accounts money financial affairs money management abet abide by advocate ally angel assist bankroll boost champion countenance encourage endorse favor finance give a boost give a leg up give a lift go to bat for grubstake sanction second side with sponsor stake stand behind stick by stick up for subsidize sustain underwrite uphold back capitalize currency fund cabbage cash coin dollars dough funds mazuma scratch bear the cost chip in cover cost foot the bill pay for pick up the bill pick up the check pick up the tab settle support promote guarantee float patronize juice endow bank go for loan shark lay on one prime the pump provide funds provide security put up money raise dough take call in hurt discourage reject refuse disapprove go forward advance halt oppose dissuade prevent protest thwart hinder bankrolled bread defray defrayed Finance finance' financé market applied science fine ass 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declare enumerate go into details grant indicate let let on narrate number own own up permit proclaim profess recite recognize relate reveal spill subscribe to talk tolerate unveil yield exhibit publish unroll admit repel expel dismiss keep argue differ disagree decline oppose gainsay confute shut oust exclude eject debar prevent disown suppress object sell protest dissent listen disallow dispute reject refuse misunderstand disapprove repudiate invalidate contradict veto deny admits admitted admitting secret cloak bared contribution cost duty expense fine levy price rate tariff assessment bite brokerage capitation custom dues excise giveaway imposition impost obligation salvage tithe toll towage tribute pork barrel allege apprehend arraign arrest attack attribute betray blame blow the whistle brand bring charges censure charge cite complain criminate denounce file claim finger frame hang something on hold accountable impeach implicate impute incriminate inculpate indict lay at door let have it libel litigate lodge complaint name pin on point finger at prosecute recriminate serve summons slander slur sue summon tax amount charge demand evaluate exact fix impose value load albatross task weight difficulty drain strain onus millstone pressure deadweight peace ease pleasure help blessing benefit aid advantage assess enact extract charge duty demand toll exact tribute lay an impost require contribution unburden give release exonerate exhaust weaken enervate sap tire stretch lade cumber weary overburden stress saddle overwork try encumber push weigh oppress prey on wear out weigh down overtax overuse make demands on press hard on put pressure on weigh heavily on strengthen concentrate delight invigorate energize activate compress assist impugn reproach reprove free approve praise exculpate accuse flatter support defend let go commend vindicate absolve protect compliment retreat applaud pardon accusing assessed assesses assessing Tax theft stealing government bullshit gay steal take rob taxed jawn bone sex love like enjoy thive bastid nick tag axe gross smell money evasion prevention restraint circumvention delay departure dodge dodging elusion escape escapism flight forbearance nonparticipation parry recession recoil retreat self-restraint shunning absention eschewal passive resistance run-around steering clear of advance arrival coming continuation stay meeting abstaining abstinence avoidance non-indulgence self-control self-denial sobriety abnegation abstemiousness asceticism chastity continence fasting frugality moderation refraining renunciation soberness teetotalism temperance abhorrence allergy animosity animus antagonism aversion bad blood contrariety distaste dyspathy enmity hate hatred hostility ill will incompatibility loathing opposition rancor repellency repugnance repulsion bypass abrogation apostasy backsliding betrayal castoff departing derelict dereliction disaffection disavowal divorce falling away falseness forsaking going back on leaving perfidy recreancy rejection relinquishment repudiation resignation retirement running out on secession tergiversation treachery truancy withdrawal ambiguous statement ambiguousness deceit deception double meaning equivocality equivocalness equivocation indefiniteness prevarication stonewalling unclearness vagueness abstention self-indulgence excess revelry intoxication intemperance indulgence drunkenness antipathy respect regard honor esteem approval appreciation kindness sympathy loving love like rapport admiration liking friendliness good will friendship desertion staying help allowance assistance aid ratification equivoque clampdown repression strike suppression crush end stop beginning start crackdown embargo restriction freedom crack down Crackdown crack-down crack down on drugs politics religion outburst bitchy hateful freaked violent microsoft sandbox game game decree guideline law order precedent regulation ruling statute test aphorism apothegm assize axiom basis canon 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of things run lead prevail conduct dominate overrule preponderate direct administer preside domineer curb dictate restrain regulate bridle predominate take over be in authority be in power crack the whip hold sway hold the reins lay down the law rule the roost run the show sit on top of plead neglect mismanage misguide submit serve lose follow release mislead obey resolve conclude determine hold establish find theorize adjudicate figure prescribe fix gather pronounce deduce settle postulate adjudge infer lay down pass upon miss start begin misunderstand ignore unsettle waver do's and don'ts immorality rudeness impoliteness discourtesy indecency impropriety punctilio crudeness Rule Rules rule trouble rule breaker detention mistakes laws written irule internet recession abridgement austerity care carefulness caution curtailment cutback decrease deduction direction discretion husbandry layoff meanness miserliness moratorium niggardliness parsimony providence prudence reduction regulation restraint retrenchment rollback shrinkage stinginess supervision thrift thriftiness parcity sparingness addition carelessness disregard enlargement expansion extravagance imprudence increase indiscretion neglect negligence raise spending thoughtlessness squandering baldness bareness dourness economy plainness primitiveness rusticism severity simplicity spareness spartanism starkness unadornment conciseness concision condensation crispness curtness ephemerality impermanence pithiness pointedness succinctness terseness transience transitoriness attention cherishing conservancy conserving control custody directing governing guardianship guarding keeping maintenance management managing preserval preserving protecting protection safeguarding safekeeping salvation saving stewardship storage supervising sustentation upkeep decrement downsize fall lessening lowering abatement belt-tightening decline reversal administration plan scheme system luxuriousness elaborateness indulgence mildness meekness gentility calmness blandness brevity lengthiness permanence longevity conservation waste destruction ignorance cut praise nicety compliment dispensation veto denial disorganization Economy ecnomy ecomatic excuse excuses shit crap poop pleasant happy money cash wonga spondoolicks bucks dollars pounds euros economi economical world american history work dictionary retarded masses fat people waste of space retarded disease death hitler overpopulation fatties supercomputer bonus selling air wall street bankers contribution cost duty expense fine levy price rate tariff assessment bite brokerage capitation custom dues excise giveaway imposition impost obligation salvage tithe toll towage tribute pork barrel charge load albatross task weight difficulty drain strain onus millstone demand pressure deadweight peace ease pleasure help blessing benefit aid advantage assess impose enact extract exact charge duty demand toll exact tribute lay an impost require contribution unburden give release exonerate exhaust weaken enervate sap tire stretch lade cumber weary overburden stress saddle overwork try encumber push weigh oppress prey on wear out weigh down overtax overuse make demands on press hard on put pressure on weigh heavily on strengthen concentrate delight invigorate energize activate compress assist blame impugn reproach criminate impeach incriminate indict impute inculpate arraign censure reprove free approve praise exculpate Taxes taxes steal government income robbery federal tax hell death irs EEC customs union economic community free trade area European Union Common Market european union european unions EUROPEAN UNION pewdiepie europe faggots virgins memes censoring brussels sarkozy strasbourg gangsta greezy kinky angry dragon sex threesome mff female fuck friend gay european European Europeans europeans bisexual angelina jolie oscar wilde scary spice greedy lucy lui pun american europe america joke urinating pissing orgasming release peeing gay fag homo owned disgraced arrogant snooty suck at wars panzy wish they were american prude stupid asshole hate-mongerer intolerant hateful heterophobic logic dumbass elitist bitchy abutment accord agglutination agreement amalgam amalgamation blend centralization combination commixture compound concatenation conciliation concord concurrence confluence congregation conjunction consolidation correlation coupling fusion harmony hookup incorporation intercourse joint junction juncture meeting merging mixture seam symbiosis synthesis tie-in tie-up unanimity unification unison uniting unity coadunation coming together melding detachment disagreement disconnection discord dissolution division imbalance parting separation severance divorce management alliance banding together bunch cahoots clan coalition confederation connection crew crowd gang joining league mob outfit partnership relationship ring syndicate union accession accommodation accordance acknowledging adjustment affiliation affinity amity approving arbitration arrangement authorizing bargaining compatibility compliance complying compromise concert concession concordance concurring conformity congruity consistency correspondence endorsing granting mediation reconciliation similarity suitableness sympathy understanding verification verifying betrothal bond coherence collaboration collusion communion compact confederacy consanguinity cooperation engagement entente federation fraternization friendship interrelation kinship marriage matrimony membership mutuality pact participation relation support tie treaty club guild society labor union trade union local association congress sodality brotherhood sisterhood order employees disunion affiliations difference fight hatred dislike dissimilarity incompatibility disunity hostility disharmony dissent refusal dissension denial agreements opposition war rebellion estrangement antagonism alliances Union unionist onion onionist seiu nea afl-cio uaw teamsters mafia karl marx workers labor bullshit money poor smoke break time off unions lazy worthless overpaid teamster sandbag slow communism socialism hoffa ford unemployed lazy ass corruption greed politics democrats industrial workers union boss michigan antiquated useless ungrateful labor unions trade unions law tax evasion contribution cost duty expense fine levy price rate tariff assessment bite brokerage capitation custom dues excise giveaway imposition impost obligation salvage tithe toll towage tribute pork barrel allege apprehend arraign arrest attack attribute betray blame blow the whistle brand bring charges censure charge cite complain criminate denounce file claim finger frame hang something on hold accountable impeach implicate impute incriminate inculpate indict lay at door let have it libel litigate lodge complaint name pin on point finger at prosecute recriminate serve summons slander slur sue summon tax amount charge demand evaluate exact fix impose value load albatross task weight difficulty drain strain onus millstone pressure deadweight peace ease pleasure help blessing benefit aid advantage assess enact extract charge duty demand toll exact tribute lay an impost require contribution unburden give release exonerate exhaust weaken enervate sap tire stretch lade cumber weary overburden stress saddle overwork try encumber push weigh oppress prey on wear out weigh down overtax overuse make demands on press hard on put pressure on weigh heavily on strengthen concentrate delight invigorate energize activate compress assist impugn reproach reprove free approve praise exculpate accuse flatter support defend let go commend vindicate absolve protect compliment retreat applaud pardon accusing assessed assesses assessing Tax theft stealing government bullshit gay steal take rob taxed jawn bone sex love like enjoy thive bastid nick tag axe gross smell money dodging artifice circumvention cunning ditch dodge elusion equivocation evasiveness excuse jive lie obliqueness pretext prevarication quibble routine ruse shift shuffling shunning slip sophism sophistry stall subterfuge trick trickery cop-out eschewal evading fancy footwork fugiviteness fugivity run-around stonewall directness frankness honesty openness reality truth facing meeting abhorrence allergy animosity animus antagonism aversion avoidance bad blood contrariety distaste dyspathy enmity escape evasion hate hatred hostility ill will incompatibility loathing opposition rancor repellency repugnance repulsion absention delay departure escapism flight forbearance nonparticipation parry passive resistance prevention recession recoil restraint retreat self-restraint steering clear of chicanery deception deceptiveness delusion fallacy oversubtleness speciousness spuriousness bypass burial camouflage closeting complicity concealment conspiracy dissimulation front hush-up masking placing under wraps pretense seal of secrecy smoke-screen veil of secrecy whitewash carelessness negligence nonperformance antipathy respect regard honor esteem approval appreciation kindness sympathy loving love like rapport admiration liking friendliness good will friendship stay arrival advance coming continuation casuistry surety fact certainty truthfulness cover-up dereliction Evasion evasive ignore cagey ellusive evaded evader evade
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