Don’t believe the hype – the global minimum tax may have taken a few knocks, but it is still advancing and there is much to celebrate. There has been much lamentation at the announcement on the 5th January 2026 that the 147 countries and jurisdictions that are working together within the OECD Inclusive Framework would grant the United States a …
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Just over half (56%) of the 190 corporate tax transparency reports published by large multinationals in connection with the EU Public Country-by-Country Reporting (pCbCR) Directive are good, solid attempts to be open and honest. However, there are wide national variances. The frequency of good application of the EU pCbCR requirements was substantially above average among business headquartered in Japan (72%) …
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Today, we have launched a new information hub on corporate income tax which sets out why it is the most critical of all taxes. At the Fair Tax Foundation, we’re often asked why corporate income tax is such a major focus of our work. After all, corporation tax is just one of a number of taxes that business pays. In …
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There are good and bad actors in both large and small business The media is full of stories detailing the tax avoidance of large multinationals. The Fair Tax Foundation has itself provided research and analysis detailing what is going wrong and why, not least in connection with the Silicon Six and their enduring global tax gap. Tax avoidance by a …
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Almost two-thirds (59%) of corporate tax transparency reports published by large multinationals in connection with the EU Public Country-by-Country Reporting (pCbCR) Directive are good, solid attempts to be open and honest. However, there are wide national variances. The frequency of good application of the EU pCbCR requirements was substantially above average among business headquartered in the UK (at 78%) and …
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Research commissioned by the Fair Tax Foundation has found increased support among the UK public for responsible corporate tax conduct and for government measures which encourage this. There is substantial support for new corporate tax transparency measures being applied to everything from the smallest microenterprise to the largest multinational. Almost three-quarters (74%) believe that the UK should force multinational businesses …
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The Trump administration is threatening to cut off funding to the FASB, the US's accounting standard setter, unless it abandons a modest push for extra corporate tax transparency. Meanwhile, many US multinationals are quietly getting on with producing much more ambitious country-by-country reports, as mandated by the EU. Back in December 2023, after nearly a decade of to and fro, …
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Our Public Country-by-Country Reporting (pCbCR) Resource Hub is where we set out why and how multinational business should embrace tax transparency, together with the very latest news and analysis. The pCbCR Resource Hub now includes a running assessment of corporate tax transparency reports from around the world, as required by countries implementing the EU pCbCR Directive (at 17th July 2025). …
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Summary of findings 137 EU public Country-by-Country reports sourced and analysed. The most extensive analysis published globally to date, to the best of our knowledge. Almost two-thirds (60%) of corporate pCbCR reports are good, solid attempts to implement legislation driven by the EU pCbCR Directive. However, in 7% of instances, business have opted to confine disclosures to EU designated tax …
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Background In 2021, the EU public Country-by-Country Reporting (pCbCR) Directive came into force. This requires large multinational companies that have a substantial presence in Europe to publicly share key financial information on their operations in each EU Member State and a designated list of tax havens.1 In the main, the Directive will lead to major new corporate tax disclosures in …
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