
Combating corporate tax avoidance by requiring large companies to file their tax returns
Author(s) -
Prem Sikka
Publication year - 2018
Publication title -
journal of capital markets studies
Language(s) - English
Resource type - Journals
ISSN - 2514-4774
DOI - 10.1108/jcms-01-2018-0005
Subject(s) - accountability , transparency (behavior) , tax avoidance , originality , public economics , accounting , business , tax reform , economics , value (mathematics) , value added tax , tax policy , corporate tax , law and economics , political science , law , machine learning , creativity , computer science
Purpose The purpose of this paper is to develop arguments for a public policy of requiring all large companies to make their tax returns publicly available. It is argued that such a policy would help to check tax avoidance, strengthen public accountability and secure fair competition. Design/methodology/approach The policy proposal rests on notions of transparency and public accountability. Findings The paper argues that the proposed policy is feasible. Research limitations/implications The paper hopes to stimulate debates about the value of public filing of corporate returns and limits of public accountability. Social implications The paper extends the range of public policies which might be able to check organised tax avoidance. Originality/value It is one of the few papers to call for public filings of large company tax returns.