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Latest News

What is tax cloaking?

Like tax washing, where communication on certain issues is selected in a way that is misleading, tax cloaking is where some information is not presented at all.   For example, it may seem obvious that a business choosing to publish their financial statements would publish them in full, but many do not. Sometimes only a consolidated or abbreviated version is available …

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Fair Tax Mark businesses top Danish tax governance ratings

Enhanced metrics inspired by the Fair Tax Foundation have helped Fair Tax Mark accredited businesses flourish in this year’s Økonomisk Ugebrev Tax Governance Rating. The Danish publication recently released their 2024 rankings, which score companies on their responsible tax conduct. Fair Tax Mark business Ørsted took the top spot for Danish large caps, along with Vestas, with 12 points out …

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Tax Responsibility and Transparency Index launches to benchmark companies

After 12 months of consultation and development, stakeholders from civil society, business and investment came together on 19 April at the European Parliament in Brussels for the launch of the Tax Responsibility and Transparency Index. The Index has been co-developed by the Fair Tax Foundation and leading European corporate responsibility business network CSR Europe and acts as a high-bar benchmark …

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