The Organization for Economic Cooperation and Development is pointing to wide disparities in the low tax rates paid by many multinational corporations compared to the taxes paid by individuals and small businesses.

A new OECD study commissioned by the G-20, "Addressing Base Erosion and Profit Shifting", finds that some multinationals use strategies that allow them to pay corporate taxes as low as 5 percent, while smaller businesses are forced to pay up to 30 percent.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access