Fair Tax Mark available for UK multinationals
The Fair Tax Mark is pleased to announce that its new standard for responsible tax behaviour and reporting is now available for UK-based multinationals. As with the UK version, the Fair Tax Mark for multinationals will encourage company groups to put all their ‘cards on the table’ and go public with a clear and honest explanation of their tax affairs.
With a particular focus on country-by-country reporting and the use of tax havens, it will reveal and deter those companies that choose to try and avoid tax. However, more importantly the expert-designed standard will reward and celebrate the companies that decide to do the right thing and that are proud to pay their fair share.
The standard is already helping one UK household name company to communicate its responsible tax practice – look out for news next week – who will be next?
