News

Economic Crime Bills – once in a generation opportunity to drive dirty money out of the UK

By Paul Monaghan Fair Tax Foundation, Chief Executive Email Paul It’s a sad truth that the UK has been a global hub for illicit financial flows for decades, but there is an opportunity for this to change with today’s announcement of a pair of Economic Crime Bills. What has become known as the ‘London Laundromat’ contributes to suffering across the …

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Call for UK to support G-24 emerging economy proposals at OECD

The Fair Tax Foundation has co-ordinated the production of the following open letter to the UK’s Chancellor, Rishi Sunak – which has the support of numerous civil society groups, including the All-Party Parliamentary Group on Anti-Corruption and Responsible Tax, Tax Justice UK and Christian Aid. It calls on the UK to support the G-24 emerging economies in their request that …

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Silicon Six end the decade with $100 billion tax shortfall

In December 2019, the Fair Tax Foundation undertook a forensic analysis of the tax conduct of the Silicon Six (Facebook, Apple, Amazon, Netflix, Google and Microsoft) and uncovered a $100 billion global tax gap over the decade to date (which was then, 2010-18/19). In May 2021, this analysis was repeated for the ten years 2011 to 2020 inclusive, and it …

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Westmill Wind Farm and Westmill Solar become first community energy co-operatives to secure Fair Tax Mark

Oxfordshire-based Westmill Wind Farm and Westmill Solar Farm have today (10th November) secured their first Fair Tax Mark certifications, and join the growing movement of responsible businesses who are proud to ‘say what they pay with pride’. The two renewable energy co-operatives are co-located on agricultural land in Oxfordshire and pursued Fair Tax Mark certification in parallel. Westmill Wind Farm …

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We need a Fair Tax Lockdown on bailouts

The UK government, like many across the world, is making available unprecedented financial support for businesses and workers impacted by the Covid-19 economic lockdown. This is right and proper given the economic lockdown is being undertaken to lessen the impact of Covid-19 on society; in particular, in protection of the elderly and those with existing health conditions. The package of …

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Responsible tax strategy and improved reporting earns Capita first Fair Tax Mark

Capita has today secured Fair Tax Mark certification and joins the growing movement of responsible businesses who are proud to say what they pay with pride. The Fair Tax Mark is an independent certification scheme, which recognises organisations that demonstrate they are paying the right amount of corporation tax in the right place, at the right time. In total, more …

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Fair Tax Week 2020 announced – celebrating business who ‘say what they pay with pride’

The Fair Tax Mark scheme, which accredits businesses and organisations across the UK committed to paying the right amount of corporation tax, on time and in the right place, is pleased to announce that Fair Tax Week 2020 will run from the 13th – 21st June 2020, incorporating Tax Justice Sunday on the 14th June. Fair Tax Week 2020 will …

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Chris Harrop OBE joins Fair Tax Mark board

We are delighted to announce that Chris Harrop OBE has joined the Fair Tax Mark’s board of directors. Chris Harrop is Sustainability Director at FTSE-listed Marshalls plc. An accomplished marketer with a proven global track record, Chris’ persistent contribution has ensured that Marshalls not only leads the hard landscaping sector but is also a world-class sustainable business. Under Chris’ guidance, …

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Fair Tax Mark’s 2019, and what’s next in 2020

2019, another year of strong growth and innovation The Fair Tax Mark realised a number of landmarks in 2019, making it our most impactful year yet. A big thank you to all those in business and civil society who have done so much to help us grow our collective influence and reach. The number of Fair Tax certified businesses passed …

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Tax gap of Silicon Six over $100 billion so far this decade

The Fair Tax Mark will later this week release a new report, The Silicon Six and their $100 billion global tax gap, which examines the tax conduct of Facebook, Apple, Amazon, Netflix, Google and Microsoft over the last decade. The report questions whether the companies, collectively referred to as the ‘Silicon Six’, are paying their way on tax. Together they have …

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