Country by country reporting is about to be put into effect i the EU as reported by Richard Murphy – see
Real progress since I wrote an article in 2010 – Mines of Information
First, through Dodd-Frank in the USA based on energy companies operating in resource-cursed nations and now through the EU, country-by-country reporting for all companies that will begin to unravel where tax should be paid is spreading.
This is a social phenomenon that is a sign of the times: recessions are not just for lower hemlines – but, focus attention by those exploited on to the exploiters – nowadays, the tax havens and those using them. A Socionomical trend is well under way.
