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Lithuanian politician and economist Algirdas Gediminas Semeta has been the EU's Commissioner for Taxation, Customs, Statistics, Audit and Anti-Fraud since 2010. He's presented an action plan to the Commission whereby transnational firms would no longer be able to exploit such tax loopholes. According to the plan, parent companies and their subsidiaries in different EU nations would be subjected to the same tax legislation throughout the EU. He wants member countries to implement the proposal by the end of next year.