Nobody wants to feel that you can get away with something if you're rich or a big corporation.
Nobody wants to feel that you can get away with something if you're rich or a big corporation.
Because of problems the pilot program exposed, we're moving toward a position where we routinely look at compensation of executives when we conduct our audits of corporations, ... are going to pull the returns of key executives to determine whether the compensation has been correctly recorded.
There are important public policy arguments to be made in favor of maintaining the privacy of corporate returns. Nevertheless, making corporate tax returns or a portion thereof public would likely improve compliance. I believe this idea merits debate.
© 2020 Inspirational Stories
© 2020 Inspirational Stories