Steven Woolfe: European Union acting like an aggressive colonialist
http://www.ukipmeps.org | http://www.ukip.org European Parliament, Brussels, 13 November 2014 Bluecard Question: Steven Woolfe MEP, UK Independence Party...
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Steven Woolfe: European Union acting like an aggressive colonialist - Video
PM in Australia: Modi meets EU leaders
Prime Minister Narendra Modi met European Union leaders on the sidelines of G-20 summit 2014.
By: DD News
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PM in Australia: Modi meets EU leaders - Video
EU Hopeful Serbia Hosts Military Drill With Russia
Russian soldiers parachuted into open fields in western Serbia on Friday as part of an unprecedented joint military drill that has stirred controversy in the European Union candidate-country...
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EU Hopeful Serbia Hosts Military Drill With Russia - Video
Poll
Is UAW good for Volkswagen?
The head of the German union representing automotive workers is speaking out against Volkswagen working with anti-labor groups at its plant in Tennessee, according to The Associated Press.
IG Metall President Detlef Wetzel said in a statement today from Frankfurt, Germany, that called on Volkswagen to "show its true colors" in officially recognizing the United Auto Workers union as its bargaining partner at the Chattanooga factory once the union proves it has signed up a majority of workers there.
"It is our objective to guarantee also under the politically difficult circumstances in the United States that labor union rights are respected and codetermination in the plant is possible," Wetzel said.
Under German law, worker representatives hold half the seats on the board of Wolfsburg, Germany-based Volkswagen, which lends added weight to Wetzel's position.
It also appears to reflect some concern that a new company policy released this week could serve to undermine efforts by its U.S. ally, the United Auto Workers, to organize its first foreign automaker in the South.
The American Council of Employees, another labor organization consisting of VW workers in Chattanooga, also is signing up members. ACE officials have said they, too, want recognition from VW and have criticized the Detroit-based UAW's efforts.
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European union backs UAW at Volkswagen Chattanooga
Originally published November 14, 2014 at 4:23 PM | Page modified November 14, 2014 at 4:26 PM
LONDON American companies have plowed more money into the Netherlands than any other country in the world for five years running.
This does not reflect a new fascination with pot or pancakes. It is about the taxes, or lack of them.
The Netherlands laws shield a variety of profits from taxation, making it attractive for big multinational companies like Starbucks, Google and IBM to set up offices. Even rock stars like the Rolling Stones and U2 have taken advantage of Dutch tax shelters.
The same goes for Luxembourg, Bermuda, Ireland and the Caymans. Along with the Netherlands, those countries rank among the top destinations for foreign direct investment from the United States, according to a review of data collected by the Bureau of Economic Analysis that shows how entrenched tax avoidance strategies have become.
Global authorities are now aiming to close the loopholes that have let such havens flourish and have allowed multinational corporations to legally avoid paying billions of dollars in taxes.
On Friday, European Union authorities accused the Netherlands of making a special deal with Starbucks that helped the coffee company lower its taxes, seeing it as potentially illegal state aid.
It is the latest case to focus on favorable and often secretive tax arrangements between big multinationals and tax authorities deals struck between Apple and Ireland, and Amazon and Fiat with Luxembourg. European authorities have also asked countries about arrangements made with a number of other companies, including Microsoft.
But regulators, if they even make a truly determined effort, face an uphill battle in changing the system.
Companies, for one, are doing their best to minimize the fallout.
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Closing global corporate tax loopholes faces uphill battle