Tax transparency : EP to vote on 8 July

The saga of shareholders' rights in the European Parliament is advancing. After months of divisiveness, rapporteur Sergio Cofferati (S&D, Italy) managed to rally the political groups - in particular the EPP – around compromises that will be put to the vote at the 8 July plenary session and that lessen the level of ambition on shareholders' say on directors' salaries. Concessions are also made in order to win acceptance for the tax transparency obligation for large undertakings and public interest…