About the indicator

When a country does not require all multinational corporations to report their revenue, profits, taxes, staff and tangible assets for each country where they have affiliates, corporations can shift their profits to tax havens, conceal this information within their consolidated accounts at the group level, and underpay tax. This indicator assesses if the country requires multinational corporations incorporated within its borders, listed on national stock exchanges, or involved in certain sectors to make public their worldwide financial reporting data on a country by country basis.