1. You will be expected to focus on the following two key elements for your report, with a view to concluding with a series of recommendations based on your discussion and analysis. Provide an assessment of the reputational issues around tax planning and what responsibilities businesses have to pay tax in different jurisdictions where they do business.
2. Consider the political pressure for reform coming from the OECD and national governments, and what companies can do to pre-empt or better prepare for legislative reforms in future. A key question that connects to this is what political reforms might happen in the coming years.
Follow the below format to complete this assignment
Executive Summary
Introduction
Tax Avoidance: Some Figures
1.2 Tax Havens
1.3 MNES Tax Structure and Reputation Damage
1.3.1 Vodafone Case
1.3.2 Boots Case
1.4 Corporate Social Responsibility and Tax Payments
1.4.1 Fair share of taxes: Lush
2.1 OECD and the Government Reforms
2.1.1 Base Erosion and Profit Sharing
2.1.2 Country by Country Reporting (CbC)
2.1.3 Diverted Profit Tax (DPT)
2.2 Companies Changing their Tax Structure
2.2.1 Amazon Case
2.2.2 Starbucks Case
2.3 Recommendations
2.3.1 Well Defined Policy
2.3.2 Stakeholders
2.3.3 Transparency
2.3.4 Flexibility
2.3.5 Code of Conduct
2.3.6 Follow the Fair Tax Mark
3. Conclusion
4. References