Nordic Tax Research Council’s article prize 2020

Posted on May 19 2020

This was formally announced this morning:

Nordic Tax Research Council's article prize 2020

Nordic Tax Research Council has awarded its 2020 article prize to Professor Richard Murphy, City, University of London, Associate Professor Petr Jansky, Charles University and Professor Atul K Shah, City, University of London, for their article BEPS Policy Failure — The Case of EU Country-By-Country Reporting.

Our Editorial Board elected the article as the best article published in Nordic Tax Journal in 2019.

In the article data disclosed by the financial sector due to the required public country-by-country reporting is analyzed. The purpose was to test whether these data suggest the existence of persistent tax avoidance by banks because of excessive location of profits in tax havens. The authors found evidence for that. However, another important and surprising finding undermined the conclusion. Because of a poor regulation, the banks reported in significant different ways resulting in a poor quality of the data. Therefore the authors recommend a much-improved regulation if further iterations of public-by-public reporting are to be a success.

The article was funded by the European Union's Horizon 2020 research and innovation program under grant agreement No 727145 - Combating Financial Fraud and Empowering Regulators (COFFERS, http://coffers.eu/).

A freely accessible version of the paper can be downloaded from here.

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17 Responses

  1. Peter says:
    May 19 2020 at 1:41 pm

    Congratulations. It’s nice to be recognised by your peers.

  2. Pilgrim Slight Return says:
    May 19 2020 at 3:13 pm

    Well Done Richard & Co.

  3. Black Rab says:
    May 19 2020 at 7:05 pm

    You deserve that. You work so hard.

  4. Leigh Bowden says:
    May 19 2020 at 7:20 pm

    Sweet.

  5. Marc Gibson says:
    May 19 2020 at 7:24 pm

    Yes, really well done (and I was impressed you opened the OECD conference too!!! (https://www.taxresearch.org.uk/Blog/2020/05/12/my-appeal-for-public-country-by-country-reporting-to-the-oecd-today/)

    Well done.

  6. John D says:
    May 19 2020 at 9:03 pm

    Hearty congratulations to you and your esteemed colleagues. It’s encouraging to learn that your inspired (and inspiring effort) is thus recognised, appreciated and rewarded. Cue Luke 4:24 🙂

    Barista Рun grande caff̬ americano per il professore!

  7. Karl Greenall says:
    May 19 2020 at 10:29 pm

    Hearty congratulations!
    In the immortal words of Private Eye – out this week – “Trebles all round!”

    I am very pleased to see you and your team of colleagues get the recognition you deserve.

  8. Tony_B says:
    May 19 2020 at 10:39 pm

    Well done, a real award!

  9. Andrew says:
    May 20 2020 at 12:04 pm

    Congratulations!

    To drag this back to the present, the different COVID statistics (what counts as a test, whether you report only definite positives or also suspected positives, what counts as a COVID death, what about other excess deaths, etc etc) is another illustration of the difficulty in comparing data from different countries. In this case, you might have hoped that an EU regulation would lead to similar reporting across the EU, but …