News - Page 4 of 36 - Fair Tax Foundation

Trump administration wages war on corporate tax transparency whilst many US MNCs quietly embrace public country-by-country reporting

July 27, 2025 | News |

The Trump administration is threatening to cut off funding to the FASB, the US's accounting standard setter, unless it abandons a modest push for extra corporate tax transparency. Meanwhile, many US multinationals are quietly getting on with producing much more ambitious country-by-country reports, as mandated by the EU. Back in December 2023, after nearly a decade of to and fro, …

Start of a new era: Fair Tax Foundation’s 2025 AGM

July 24, 2025 | News |

The Fair Tax Foundation's 2025 Annual General Meeting marked the beginning of a new era. Our community share offer in 2024 exceeded its target, raising £493k investment and bringing in 96 new shareholder members. We anticipated an increase in member engagement as a result, and we were pleased to have a record number of members participate in the AGM, making …

Fair Tax Week 2025: Celebrating Responsible Tax Conduct

July 22, 2025 | News |

Fair Tax Week 2025, held from 8th to 15th June, once again brought together businesses, councils, and partners committed to promoting responsible tax conduct. Who together, highlighted the positive role that transparent and ethical tax practices play in supporting communities and public services. Participation The week once again saw strong participation from both Fair Tax Mark businesses and Fair Tax …

Fair Tax Foundation pCbCR Resource Hub updated with latest findings on corporate tax transparency across the world

July 17, 2025 | News |

Our Public Country-by-Country Reporting (pCbCR) Resource Hub is where we set out why and how multinational business should embrace tax transparency, together with the very latest news and analysis. The pCbCR Resource Hub now includes a running assessment of corporate tax transparency reports from around the world, as required by countries implementing the EU pCbCR Directive (at 17th July 2025). …

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

July 1, 2025 | News |

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 …

Mitie becomes largest employer to secure Fair Tax Mark certification

June 24, 2025 | News |

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 …

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

June 10, 2025 | News |

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 …

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

June 9, 2025 | News | Tags: Fair Tax Leaders

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. …

Fair Tax Foundation welcomes three new board members

June 3, 2025 | News |

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 …

EarthMind CIC secures first Fair Tax Mark

June 2, 2025 | News |

"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 …