Overview
Topic status: We're looking for students to study this topic.
Multinational entities often engage in tax minimisation by establishing a presence in a tax haven and/or transfer mispricing. The ability to shift money from one country to another to avoid tax is facilitated by a lack of corporate transparency. As such, the enhancement of regulation, the strengthening of transparency and the promotion of international cooperation through the adoption of country-by-country reporting would enable stakeholders to determine what a company is doing for tax purposes. Currently this is not possible because there is no requirement for multinational entities to publish geographic data. While multinational entities publish annual accounts on a consolidated basis, tax is levied at a domestic level. Consequently, the lack of information makes it difficult to establish whether tax minimisation and/or tax avoidance practices are occurring. To this extent, the International Accounting Standards Board has been asked to consider country-by-country reporting for some industries and some nations are adopting compulsory reporting. Australia is yet to do so.
- Study level
- Vacation research experience scholarship
- Supervisors
- QUT
- Organisational unit
QUT Business School
- Research area
- Keywords
- country-by-country reporting, tax avoidance, transfer pricing, tax havens
- Contact
-
Please contact the supervisor.
Professor Kerrie Sadiq
