Why Don’t ESG Investors Ask For A Public Firm’s Tax Return? [Forbes]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
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Source: Forbes
Internal Revenue Service federal building Washington DC USAGettyIf it weren’t for the postponement of this year’s filing deadline due to Covid-19, I would’ve spent the better part of last week scrambling to fill out my tax return. But I want to highlight a peculiar quirk of the U.S. tax system for public corporations: their tax returns are private!Public companies are required to file extensive annual and quarterly reports of the material activities affecting their financial statements (10-Ks, 10-Qs) and market-moving daily developments via 8-Ks. However, their tax returns are not required to be disclosed in any form to the investing public. A rough equivalent is the gravitation of public companies into ESG — integrating it into their business operations and investment models. So why don’t ESG investors ask public firms to make their tax returns public? After all, the firm has raised equity or debt capital in public markets. Hence, these investors, at the very least, have a right to s
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SBUX
Earnings
- 10/29/25 - Miss
SBUX
Sec Filings
- 11/20/25 - Form 4
- 11/20/25 - Form 4
- 11/20/25 - Form 4
- SBUX's page on the SEC website