Publications

Stop Capital Flight and Promote Equal Competition through Transparency and Taxation

  • Three simple tax mechanisms are the only ones needed in order to equate the taxation of multinational companies with national companies
  • Any country can enact these mechanisms as they are changes to the internal tax code
  • The three mechanisms are precise as they target specific classes of transactions and are not based on parameters or estimates.
  • The mechanisms are unique in that no country enacting them will trespass on any other country’s tax base
Written by: 
Frian Årsnes
ISBN: 
978-82-93212-88-1 (Norwegian), 978-82-93212-89-8 (English)
Publication date: 
December 2018

Guide to extended country-by-country reporting (ECBCR) for businesses

  • Extended Country-by-Country Reporting (ECBCR) is a measure to equate all businesses and ensure that key figures are reported for each country in which the company is present. 
  • The basis for the reporting must be the financial accounts - no other option for reporting provide trustworthy information to stakeholders and the wider society. 
  • To make sense, the information must be reported as it is included in the consolidated financial statements - before elimination. Eliminations must therefore be reported separately.
Written by: 
Frian Årsnes
ISBN: 
978-82-93212-87-4 (English), 978-82-93212-86-7 (Norwegian)
Publication date: 
December 2018

The weaknesses are clearly showing ...but the regulator is sleeping

  • It is very positive that Statoil reports country-by-country information together with its annual accounts, and the legislator should ensure that this become standard.
  • Statoil still does not report eliminations separately, but here it is the legislator that needs to change the regulation to get a meaningful reporting.
  • It is still not possible, due to lack of information, to use the formula 1.1. Tax + Payable Tax – 31.12.
Written by: 
PWYP Norge
ISBN: 
978-82-93212-81-2 (Norwegian) 978-82-93212-83-6 (English)
Publication date: 
October 2018

Taking Away the Tax Effect of Tax Havens. Cross border taxation methods and REVERSE TAX CREDIT

  • All the main techniques used for capital fiight can be grouped into one area – abuse of cross-border regulation. 
  • Tax credit is already an approved method for dealing with revenues cross-border together with withholding taxes.
  • Reverse Tax Credit can use the tax credit principles to deal with costs cross-border and eliminate the “need” for tax havens. 
  • Reverse Tax Credit can be enacted unilaterally by any country, and will automatically leverage the playing fields between companies, large or small, mul
Written by: 
Frian Aarsnes
ISBN: 
978-82-93212-74-4
Publication date: 
May 2017

What Statoil reported and what Statoil should have reported

Summary

  • Statoil reported on the minimum transparency requirement, called country-by-country reporting, on a half page in its sustainability report for 2014.
  • PWYP Norway shows that Statoil could have easily reported on
 a meaningful transparency requirement, called an extended country-by-country reporting, on that half page.
  • When companies can show their country-by-country presence on a half page, why will politicians not demand it from them? 
Written by: 
Frian Aarsnes / PWYP Norge
ISBN: 
978-82-93212-68-3
Publication date: 
June 2016

The Case for Windfall Taxes – a guide to optimal resource taxation

Summary 

• In 2012, government expenditure worldwide was USD 28 656 billion. Total tax burden was USD 18 821 billion.

• This huge discrepancy can be reduced by closing loopholes in tax systems and preventing capital flight

• This report is about analyzing and fixing loopholes in tax systems – increasing cost-efficiency and ensuring fairer competition in extractive industries.

VIDEO: See the presentation of the report "Windfall Taxes".

Written by: 
Frian Aarsnes, co-author Olav Lundstøl
ISBN: 
ISBN 978-82-93212-08-9
Publication date: 
November 2013

The Case for Windfall Taxes – a guide to optimal resource taxation

Summary:
• In 2012, government expenditure worldwide was USD 28 656 billion. Total tax burden was USD 18 821 billion.
• This huge discrepancy can be reduced by closing loopholes in tax systems and preventing capital flight
• This report is about analyzing and fixing loopholes in tax systems – increasing cost-efficiency and ensuring fairer competition in extractive industries.

Written by: 
Frian Aarsnes, co-author Olav Lundstøl
ISBN: 
ISBN 978-82-93212-08-9
Publication date: 
November 2013

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