{"id":24058,"date":"2014-02-18T08:04:46","date_gmt":"2014-02-18T08:04:46","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=24058"},"modified":"2014-02-18T08:04:46","modified_gmt":"2014-02-18T08:04:46","slug":"the-us-had-public-corporation-tax-returns-100-years-ago-we-need-them-back-now","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2014\/02\/18\/the-us-had-public-corporation-tax-returns-100-years-ago-we-need-them-back-now\/","title":{"rendered":"The US had public corporation tax returns 100 years ago. We need them back, now"},"content":{"rendered":"<p>This <a href=\"http:\/\/services.taxanalysts.com\/taxbase\/tnimag.nsf\/(ME\/73+TNI+627-1?OpenDocument&amp;Login\" target=\"_blank\">opening paragraph from a new article <\/a>\u00a0(paywall)\u00a0by Reuven Avi-Yonah and Ariel Siman will surprise many people:<\/p>\n<blockquote><p>When the U.S. originally enacted its corporate tax in 1909, corporate tax returns were public.\u00a0\u00a0The rationale was that taxing corporations was a means of controlling their excessive power, and sunshine is the best disinfectant.<sup><br \/>\n<\/sup><\/p><\/blockquote>\n<p>By the 1930s corporate lobbying had put an end to that. We've never had such a system, but the question is, why not?<\/p>\n<p>Michael Meacher <a href=\"http:\/\/services.parliament.uk\/bills\/2013-14\/unitedkingdomcorporateandindividualtaxandfinancialtransparency.html\" target=\"_blank\">made a proposal for public corporation tax returns in a Private Member's Bill<\/a> I wrote for him last year. It would be a powerful disinfectant, especially if that return was combined with\u00a0country-by-country reporting.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This opening paragraph from a new article \u00a0(paywall)\u00a0by Reuven Avi-Yonah and Ariel Siman will surprise many people: When the U.S. originally enacted its corporate tax<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2014\/02\/18\/the-us-had-public-corporation-tax-returns-100-years-ago-we-need-them-back-now\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64,110],"tags":[],"class_list":["post-24058","post","type-post","status-publish","format-standard","hentry","category-corporation-tax","category-transparency"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/24058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=24058"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/24058\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=24058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=24058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=24058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}