News

Latest analysis of corporate compliance with EU pCbCR Directive: 60% of business perform well, but US and Swiss multinationals are laggards

July 1, 2025 | |

Summary of findings 137 EU public Country-by-Country reports sourced and analysed. The most extensive analysis published globally to date, to the best of our knowledge. Almost two-thirds (60%) of corporate pCbCR reports are good, solid attempts to implement legislation driven by the EU pCbCR Directive. However, in 7% of instances, business have opted to confine disclosures to EU designated tax …

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mitie group plc

Mitie becomes largest employer to secure Fair Tax Mark certification

June 24, 2025 | |

Mitie Group plc has achieved Fair Tax Mark certification across all its operations, both in the UK and internationally. Mitie becomes the largest company – by colleague numbers – to secure accreditation to date. Mitie, the UK’s leading facilities management and transformation company, joins a growing movement of businesses who recognise the importance of responsible tax conduct. The Fair Tax …

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EU-PCbCR web header

EU public Country-by-Country Reporting Directive takes early effect in Romania: implementation differs greatly across business

June 10, 2025 | |

Background In 2021, the EU public Country-by-Country Reporting (pCbCR) Directive came into force. This requires large multinational companies that have a substantial presence in Europe to publicly share key financial information on their operations in each EU Member State and a designated list of tax havens.1 In the main, the Directive will lead to major new corporate tax disclosures in …

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Watches of Switzerland’s Hurford: ‘Paying our fair share of taxes supports communities and society’

June 9, 2025 | | Tags:

Fair Tax Leaders features senior professionals from across the Fair Tax Mark business community. In this special edition for Fair Tax Week, the Watches of Switzerland Group Head of Tax Becky Hurford shares her journey to a career in tax, why she's so glad the tax landscape has changed and how the Fair Tax Foundation helped her prepare public Country-by-Country Reporting. …

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trio new directors greyscale june 2025

Fair Tax Foundation welcomes three new board members

June 3, 2025 | |

We are delighted to announce the appointment of three new non-executive directors to our board: Rebecca Hurford, Head of Tax at Watches of Switzerland; Penny Hogan, Chief Financial Officer at Unity Trust Bank plc; and Hannah Wickes, marketing advisor and former Chief Marketing Officer at Ecosia. These additions come at a pivotal moment, as we accelerate our international growth strategy …

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EarthMind CIC secures first Fair Tax Mark

June 2, 2025 | |

"At EarthMind CIC, responsible taxation goes hand in hand with our mission. We’re dedicated to making timely and complete contributions that support transparency and the communities we serve.” EarthMind CIC have secured their first Fair Tax Mark label. They are a UK-based not-for-profit social enterprise, which reinvests resources into sustainability initiatives that strengthen communities. From green spaces to food aid …

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Tax has an enormous social impact – so where’s the reporting? 

May 20, 2025 | |

Fair Tax Mark businesses know that paying the right amount of tax, in the right place, at the right time, has an enormous positive social impact.   Tax contributes to vital public services such as healthcare, transport, policing, education and defence. And, if tax avoidance rules are well crafted and properly implemented, businesses can compete efficiently and add to economic prosperity. …

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Fair Tax Mark finds a home at WR Ethical

April 24, 2025 | |

Ethical mortgage adviser WR Ethical have achieved their first Fair Tax Mark. The UK-based business helps customers find the best deals, informing them about the ethical and environmental performance of lenders. They are a whole-of-market mortgage broker committed to making the right choices with every aspect of how the business is run. The Fair Tax Mark is a label indicating …

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Silicon Six: Three ways to close big tech’s enduring tax gap

April 15, 2025 | |

Six of the world’s largest technology companies have paid rates of corporate income tax well below headline tax rates around the world, a new report from the Fair Tax Foundation has found. The report, The Silicon Six and their enduring global tax gap, examines the tax conduct of the Silicon Six (Alphabet/Google, Amazon, Apple, Meta/Facebook, Microsoft and Netflix) over the …

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‘Always be hungry to be a bit better’: Fortum reveal leading Tax Responsibility and Transparency Index score

March 31, 2025 | |

Nordic energy company Fortum have decided to publish their score in the Tax Responsibility and Transparency Index, revealing a high ranking and score of 74/100. The Tax Responsibility and Transparency Index is a benchmarking tool for multinational companies developed by the Fair Tax Foundation and CSR Europe. It assesses businesses in five key areas of tax conduct and is a …

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