News Archives - Page 6 of 34 - Fair Tax Foundation

Fair Tax Mark sets multinationals up for success with public Country-by-Country Reporting

December 5, 2024 | News |

Public Country-by-Country Reporting (pCbCR) of financial and tax information by multinational enterprises is a hot topic in financial reporting right now. Businesses that report country by country disclose the profits and taxes they pay in each country they operate. Reporting this publicly and comprehensively is already a requirement for multinational businesses to become Fair Tax Mark accredited, but legislative and …

Network Rail right on track with first Fair Tax Mark

November 26, 2024 | News |

Railway infrastructure organisation Network Rail have achieved their first Fair Tax Mark accreditation, demonstrating the company’s commitment to responsible tax conduct. Network Rail own, develop and repair the railway infrastructure in England, Scotland and Wales, which comprises 20 of the largest stations; 20,000 miles of track; 30,000 bridges, tunnels and viaducts; and thousands of signals, level crossings and stations. They …

Mundys’ Natali: ‘Tax directors are increasingly involved in shaping corporate reputation’

November 21, 2024 | News | Tags: Fair Tax Leaders

Fair Tax Leaders features senior professionals from across the Fair Tax Mark accredited business community. Here, Mundys Head of Tax Affairs Giuseppe Natali discusses the importance of data and the increasing interest in responsible tax from investors. Founded in 1950, Mundys have operative companies across the world in the highways, airport infrastructure and mobility services sectors. They were the first Italian multinational …

Fair Tax Mark and the Tax Responsibility and Transparency Index: What’s the difference?

October 24, 2024 | News |

The Fair Tax Foundation have been awarding the Fair Tax Mark to organisations paying their fair share of tax for ten years. The Mark is the gold standard of responsible tax conduct and more than 250 distinct trading businesses are now proud to say they are accredited with it. This year, along with leading European corporate responsibility business network CSR Europe, …

Clean energy giant Iberdrola first Spanish business awarded Fair Tax Mark

October 17, 2024 | News |

The Fair Tax Foundation are pleased to announce renewables business Iberdrola have achieved the Fair Tax Mark and are the first Spanish business to do so. Iberdrola Group develop grids, renewable energy activities and electricity trading in Europe, the US, Brazil, Mexico and Australia. As at December 2023 they were the largest utility company in Europe by market cap. Read …

Coventry Building Society’s Newton: ‘Tax can be pivotal in many business decisions’

October 10, 2024 | News | Tags: Fair Tax Leaders

Fair Tax Leaders features senior professionals from across the Fair Tax Mark accredited business community. Here, Coventry Building Society Senior Manager Finance Ops and Controls Claire Newton discusses the evolving role of the tax function and the benefits of increased reporting requirements. Coventry Building Society are the UK’s second largest building society and were first accredited in 2022. They were founded …

Tax Responsibility and Transparency Index has a new website!

September 16, 2024 | News |

The Tax Responsibility and Transparency Index has a brand-new website, allowing multinational companies even better access to this pioneering benchmarking tool. The Index, which was announced at the European Parliament in April 2024, enables businesses to benchmark themselves against high-bar, civil society frameworks, pending legislation and pioneering companies broken down by country or sector. This leadership pool is anonymised but participating …