Benchmarking Country-by-Country Reports

Giulia Aliprandi () and Gerrit von Zedlitz
Additional contact information
Giulia Aliprandi: EU Tax Observatory
Gerrit von Zedlitz: University of Mannheim

No 17, Working Papers from EU Tax Observatory

Abstract: Country-by-Country Reports (CbCRs) have emerged as a unique public source of information to track the country-by-country activities of multinational corporations. However, concerns about double counting and comparability have raised questions about the reliability of these reports for economic analyses. In this paper, we conduct a benchmark analysis focusing on publicly available CbCRs to assess the reliability of CbCR information compared to respective consolidated financial information. Our findings suggest only limited double counting issues. Most CbCR information matches well with the consolidated information, with only a few exceptions. Nonetheless, we document differences in the definition of variables and in the scope of the reports that may complicate comparisons across multinational corporations. We subsequently discuss the implications of our findings for the use of CbCRs as a source of information in economic analyses. In addition, we provide recommendations for improving the reliability and comparability of CbCR information.

Keywords: Country-by-Country Reporting; Tax Transparency; Double Counting; Geographic Reporting (search for similar items in EconPapers)
JEL-codes: H25 H32 M48 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2023-05
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.taxobservatory.eu//www-site/uploads/20 ... ing_CbCRs_May2023pdf Full working paper (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dbp:wpaper:017

Access Statistics for this paper

More papers in Working Papers from EU Tax Observatory Contact information at EDIRC.
Bibliographic data for series maintained by Inga Chilashvili ().