EU Agrees Preliminarily on Transparency Rules for Extractive Industry

IMPORTANT: The full content of this page is available to premium users only.

Saturday, June 1, 2013
Author: 
Bruce Zagaris
Volume: 
29
Issue: 
6
Abstract: 

On April 9, 2013, the EU Parliament and EU Commission agreed to a landmark transparency law that would require all European companies operating in extractive industries to report payments, including taxes more than €100,000 made, to governments of the resource-rich countries in which they do business.[1]