ABSTRACT
Having looked at the legal changes surrounding tax transparency and identified the most relevant theories pertinent to CSR and tax transparency, we now move to our empirical study of tax transparency development over recent years. Our sample covers 30 large listed multinational enterprises in 5 countries (UK, Finland, Germany, France and USA) over the period 2012–2017. We examined how tax transparency was embedded into these enterprises’ reporting to stakeholders. Results help gauge how willing the firms are to disclose their tax-related information and whether their tax transparency increased over time. We report statistics on the components of our tax transparency score, cross-country and cross-industry differences, using examples from actual reporting. Additionally, we provide some case studies on how corporations have reacted to tax scandals by using tax transparency reporting.
