An increasing diversity of protesters, corporate watchdog groups, and the policymakers are reflecting the light on worldwide corporate tax avoidance as increasing pressures on government budgets lead to austerity measures. Current and proposed disclosures at the entity and country grades will pull back the veil of tax secrecy and necessarily prompt regulatory and tax authority supervision.
These revelations could also lead to cursing front-page stories and, finally, tax code reform. This beginning episode of Accounting Matters takes a narrow look at what tax transparency may mean for U.S. multinationals in the prospective years. The article ends with suggestions for officers and owners to manage tax and reputational risks through U.S. and international preparation strategies.
Tax Transparency case study solution
PUBLICATION DATE: September 11, 2013 PRODUCT #: BH551-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING