Fixing profit shifting to avoid tax

By | 13 July 2016|Categories: Governance, Regulatory Capitalism, Responsive Regulation, Tax, Tax avoidance, Taxation reform|Tags: , , , , |

Around the turn of the century, the Australian Tax Office took some rather effective responsive regulatory initiatives to counter profit shifting by multinational corporations. The measures involved negotiating with major accounting firms and targeted companies who were paying little or no tax to display to them a regulatory pyramid of escalated monitoring and sanctions unless […]