‘Corporate Canada's deal making needs more sunlight’

In a blog post published in Canada’s National Observer CICTAR’s Principal Researcher, Jason Ward, calls for greater tax transparency, and specifically for Canada to follow Australia’s example and to legislate for public Country by Country Reporting (pCbCR).

With a recent survey suggesting that nearly half of Canadians believe the Canadian Tax Agency is turning a blind eye to rich taxpayers and corporations, Ward argfues that the federal government would do well to heed public sentiment and mandate tax
transparency.

As Ward explains, tax dodging by the largest multinationals undermines support and trust in the tax system, because most Canadians don’t have the ability to shift their income offshore.