Revealing how much tax companies pay doesn't move markets or reduce tax avoidance
- Written by Roman Lanis, Associate Professor, Accounting, University of Technology Sydney
The public disclosure of information that Australia’s largest companies give to the Australian Taxation Office (ATO) on their tax returns doesn’t sway investors’ decisions and doesn’t reduce corporate tax avoidance, our research shows.
We examined the first three releases of ATO tax transparency data in 2014, 2015 and 2016,...