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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Congratulations. It’s nice to be recognised by your peers.
Well Done Richard & Co.
Thanks
Congratulations Richard & team. Well deserved. I await the announcement on BBC News.
Maybe not…. 🙂
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You deserve that. You work so hard.
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Sweet.
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.
Thanks
I was pleased by the OECD’s invitation
I also, in the end closed it as well
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 – un grande caffè americano per il professore!
Grazie
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.
Thanks
I reckon it took about 8 million calculations to do that….thank heaven for programming
Well done, a real award!
Thanks
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 …