In various regions around the globe, there is a growing inclination to support businesses that exhibit responsible tax conduct – a trend that is on par with other ethical considerations. There is a profound desire to celebrate and champion those businesses that pay their rightful share of taxes while openly rejecting the use of tax havens and contrived tax avoidance …
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Carbon emissions, plastics use, equality and diversity – all familiar terms to any sustainability or ESG professional. But responsible tax conduct? Despite being a vital contribution made by any business, relatively few companies talk with pride about paying tax fairly and transparently.
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There are a thousand and one issues out there that business is being asked to champion – on top of the day-to-day challenge of thriving commercially in an ever more competitive world. Approaches and acronyms abound, be it ESG or CSR or SRI or SDGs, with each urging that a business prioritise their favoured issues.
So, why should a business prioritise responsible tax conduct and tax transparency, and pursue Fair Tax Mark accreditation?
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The terrible Russian invasion of Ukraine laid bare the extent of the UK’s exposure to illicit finance, prompting concerted counter efforts by parliamentarians. This week, a welcome second Economic Crime Bill edges closer to being finalised, but substantial loopholes are in danger of being left unaddressed unless amendments – backed by leading anti-corruption and tax justice groups – are accepted.
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UK-based Globe Locums has secured its first Fair Tax Mark accreditation, joining the growing movement of responsible businesses. Globe Locums provides both temporary/locum, master vendor, insourcing and permanent staffing solutions to healthcare clients globally, ranging from large acute NHS hospitals in London to small start up clinics in rural Scotland. The Fair Tax Mark is an independent accreditation, which recognises organisations that demonstrate they are paying the right amount of …
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It’s always interesting to look at the big global surveys of tax professionals that emerge now and then. With Deloitte’s tenth Annual Global Tax Policy Survey published end July 2023.
Of course, the data is only as robust as the sample is broad – and these surveys are rarely representative. Furthermore, the organisations that have the resources to undertake…
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We are excited to share two career opportunities within our growing team. Both offer the chance to use your skills to encourage and promote responsible tax conduct and financial transparency. We are seeking an experienced accountant to take on the role of Accreditations Manager (Accountant), as well as a proficient Communications Manager. A significant milestone for the Fair Tax Foundation, …
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At the Fair Tax Foundation, we’re often asked why we focus on corporation tax, when this is just one of a number of taxes that business pays.
Today, we’ve released a new paper (packed with facts and figures) that explains why corporation tax is so important, and why we place it at the centre of our work and our Fair Tax Mark accreditation standards…
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For the past two decades, the Institute of Business Ethics (IBE) has been conducting the Attitudes of the British Public to Business Ethics survey.
The latest survey reveals that ‘Corporate tax avoidance’ is the most pressing issue for an amazing 11th consecutive year. Chosen by 43% of respondents, the findings indicate that business and government are still collectively falling short of public expectations…
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Fair Tax Week 2023 has now come to a close. We have to say a huge ‘thank you’ to the many businesses, organisations and councils that celebrated the importance of responsible tax conduct and financial transparency. You made it the best Fair Tax Week to date. It’s difficult to squeeze all the good things that took place into one article, …
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