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ECOFIN agreement a missed chance, campaigners say

EU governments need to make tax more transparent, further opportunity looms ahead for lawmakers BRUSSELS—The Economic and Financial Affairs Council (ECOFIN), has agreed today on a proposal for corporate financial reporting, but despite increased pressure from European advocacy groups and policy-makers, the agreement would still keep country-by-country reports about the activities of multinationals secret. ECOFIN representatives agreed to the 4th Directive on Administrative Cooperation (DAC4), ...