Country-by-country reports can spot the mismatch between where firms do commerce and where they are taxed but by themselves they will not end tax avoidancePublic confidence in governments’ ability to make certain big commerce contributes its just share in corporate income tax has been blown to smithereens in recent years. One of the most persuasive solutions on the table is enforced transparency. In a week in which David Cameron has published details of his tax records,why shouldn’t public companies with a chequered track record – Google, Starbucks, and Vodafone and others – be made to reveal more too? Continue reading...
Source: theguardian.com