Global corporate tax avoidance: the role of tax advisors

By Susan Deng

Susan attended the 2016 World Bank and IMF Annual Meetings in Washington D.C. She is a UNSW Co-op Scholar studying a Bachelor of Commerce.

Abstract

Tax advisors in the Big Four professional services firms represent a concentration of expertise and a channel through which governmental knowledge and private interests are exchanged. Solving global corporate tax avoidance requires engagement with tax advisors who facilitate aggressive tax planning and address conflicting incentives. This paper will explore potential conflicts and threats to independence enabled by tax advisor activities. It will also discuss the necessity for improved transparency and the consolidation of information disclosure.

Read More