Country by country reporting

If a multinational corporation wants to pay less tax than it should, it can make it seem like it made little or no profit to pay tax on, in the places where it does business, by shifting its profit into tax havens.

Public country by country reporting is an accounting practice that exposes this money trail, helping deter and penalise this type of corporate tax abuse.

Further resources

Profit shifting by multinational corporations: Evidence from transaction-level data in Nigeria

Litany of failure: the OECD’s stewardship of international taxation

Formulary apportionment in BEFIT: A path to fair corporate taxation

Proposal for ‘Business in Europe: Framework for Income Taxation’ (BEFIT): A wrong turn in the right direction

#147 Three big wins  

#143 The Corrupting of Tax Justice 

#137 The People vs Microsoft

#123 Amazon’s tax challenge