Sustainable multinational enterprises and country-by-country reporting. The standard GRI 207-4 in the winding journey towards fiscal transparency
In our increasingly globalized world, Multinational Enterprises (MNEs) frequently employ profit-shifting (PS) tactics, diverting taxable profits to low-tax jurisdictions. Despite the Organization for Economic Cooperation and Development's (OECD) ongoing efforts to address PS through the establi...
Guardado en:
| Autores principales: | , |
|---|---|
| Formato: | Artículo revista |
| Lenguaje: | Español |
| Publicado: |
Ediciones UNL
2024
|
| Materias: | |
| Acceso en línea: | https://bibliotecavirtual.unl.edu.ar/publicaciones/index.php/CE/article/view/13481 |
| Aporte de: |
| Sumario: | In our increasingly globalized world, Multinational Enterprises (MNEs) frequently employ profit-shifting (PS) tactics, diverting taxable profits to low-tax jurisdictions. Despite the Organization for Economic Cooperation and Development's (OECD) ongoing efforts to address PS through the establishment of an international minimum tax, assessing the potential contributions of Social Accounting to illuminate genuine corporate tax compliance remains crucial. The recent adoption of Standard 207-4 by the Global Reporting Initiative (GRI) signifies a notable advancement in this regard, mandating comprehensive Country-by-Country Reporting (CbCR) and offering promise for increased transparency.
This study aims to evaluate the efficacy of Standard 207-4 in enhancing both the volume and quality of tax-related data segmented by countries, particularly in addressing the PS phenomenon. The paper undertakes a concise review of relevant literature, followed by an exposition of the methodological framework, including various research decisions. Subsequently, it outlines the procedure for case selection and expounds upon the analysis of MNE reports conforming to the stipulations outlined in Standard 207-4.
Preliminary analysis suggests a limited impact of Standard 207-4 in improving the quality and quantity of tax-related information provided by MNEs, primarily due to the absence of reports and incomplete information. The conclusion underscores the inherent limitations of the preliminary findings and proposes future research avenues to address these shortcomings. This study contributes to the ongoing discourse on tax transparency within MNEs and informs potential regulatory and reporting framework enhancements. |
|---|