EU, Siemens Tax Leader Clash Over Whistleblower Protections
By Matt Thompson (September 12, 2019, 6:51 PM BST) -- The European Union directive designed to protect whistleblowers against retaliation, due to be adopted next week, is vulnerable to abuse by disgruntled employees, a Siemens executive said Thursday, while an EU official noted the measure has built-in mechanisms to prevent abuse.
Siemens' global head of tax posited an example in which an underperforming employee could abuse EU whistleblower protection. (AP) Christian Kaeser, global head of tax at industrial manufacturing conglomerate Siemens AG, said at the International Fiscal Association conference in London that many of the directive's provisions are "too generous" and will protect too many categories of employees, who may not have the...
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