Adverse marketing has been experienced by a growing variety of international corporations over complex tax structures created to minimize their tax burdens. In the case of U.S. companies, there has been an increase outcry over inversions, a means of restructuring the company so that the U.S. Company was replaced by a foreign company in a country with lower corporate tax rates. Criticism of corporate tax preparation- also known as tax avoidance- prompted consumer boycotts, and was dubbed tax shaming. Some analysts have indicated that firms start contemplating tax policy as an aspect of corporate social responsibility, as opposed to just a financial choice. However, some firms did really react to public pressure regarding their tax preparation; this instance describes a few of these results.
Publication Date: 02/17/2016
This is just an excerpt. This case is about Accounting
Related Case Solutions & Analyses:
Ferro Industries – Exporting Challenge in a Small Firm
Heartland Payment Systmems Inc.
Bristol-Myers Squibb Company – Managing Shareholders Expectations
Towards an Accountable Capitalism
Cognizant Technology Solutions
Hootsuite: Monetizing The Social Media Dashboard
Ohio Lottery: Innovative Research Drives Winning
Generating Higher Value at IBM (A)
Corporate Governance: The Jack Wright Series #1-Jack Wright, Director
Exchange Rate Policy at the Monetary Authority of Singapore, Chinese Version
