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New rules on revenue disclosure may affect Google

EU wants to know where companies got all that money

     
7:39 am on Apr 12, 2016 (gmt 0)

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Looks like the European Commission is publishing proposals to make companies disclose revenue generated and in what countries that revenue is generated.

"The so-called country-by-country reporting rule would require all companies with a turnover more than 750m to publish a breakdown of profits, tax, employees and net turnover in countries inside and outside the EU."


[rte.ie...]

Google, Facebook and some other multinational corporations will be affected if these disclosure proposals become law.

Regards...jmcc
 

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