Country by country reporting
Country by country reporting exposes multinational corporations that are shifting profit into tax havens so that they can pay less tax than they should.
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.