MedWatch

NGO slams "hypocritical" Coloplast for keeping Costa Rica accounts secret

The Policy Director at Mellemfolkeligt Samvirke criticizes Coloplast for claiming increased tax transparency while refusing to commit to more than the minimum requirements in new EU legislation. The company has refused to publish tax reports on its operations in Costa Rica, which is on the EU's tax haven watch list.

Coloplast does not wish to comment on the criticism of its limited transparency of its taxation outside of the EU. | Photo: Coloplast / PR

Policy Director at Danish NGO Mellemfolkeligt Samvirke Lars Koch thinks that Coloplast is playing to the gallery by claiming it wants to increase the transparency of its taxation outside of Denmark, but at the same time, refusing to publish more information than the minimum requirements of an upcoming EU directive.

This comes after the medtech company has said it will not publish tax reports for its operations in Costa Rica, which was included on an EU tax haven watch list in October.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from MedWatch

Further reading

Related articles

Latest news

See all jobs