News

Why Public Country-by-Country Reporting is ‘the’ key element of multinational tax transparency

The next few weeks will see technology giants Alphabet, Amazon, Meta and Netflix release their annual financial results. And, as happens every year, investment analysts and journalists will pore over them to separate hard facts from hyperbole. But, as also happens every year, there will likely be an enormous gaping omission: namely, the complete and utter absence of a country-by-country breakdown of the company’s economic impact…

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Fair Tax Foundation launch partnership with CSR Europe to develop ground-breaking responsible tax benchmarking index

The Fair Tax Foundation will co-partner CSR Europe, the leading European business network for Corporate Sustainability and Responsibility, in the development of a new collaborative platform on tax responsibility and transparency. Five multinational business pioneers have committed to support the project, with more hopefully to follow. These include Fair Tax Mark accredited Ørsted and Vattenfall. Together with Enel, Fortum and …

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Fair Tax Week 2023 dates announced

Fair Tax Week 2023 will run from 8th – 18th June, incorporating Tax Justice Sunday on 11th June. Fair Tax Week is a UK-wide recognition of the companies and organisations that are proud to promote responsible tax conduct and financial transparency.    Through webinars, events and social media activity, Fair Tax Week will celebrate the positive contribution corporation tax makes to society. A …

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Ørsted first Danish multinational to gain Fair Tax Mark

Ørsted has been awarded the Fair Tax Mark, becoming the first Danish multinational company to secure accreditation to the global gold standard of responsible tax conduct. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. Listed on Nasdaq Copenhagen, Ørsted is a market leader in …

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Fair Tax Councils double since start of the year

Right across the UK, local support for fair tax has surged this year. More than 18,000 emails have been sent by residents to local councillors in every UK local authority, asking them to back fair tax practices. The campaign called on councils to pass a motion in support of our Councils for Fair Tax Declaration. Since the start of the year, …

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Fair Tax Foundation statement on UK political developments and corporation tax increase (14th October 2022)

Paul Monaghan. Chief Executive, Fair Tax Foundation, said: “We whole-heartedly welcome this U-Turn on corporation tax by the UK Government, which still leaves the UK with the lowest headline rate of corporation tax of the major economies of the G7 nations and the most generous “super deduction” capital allowance scheme in the world. The idea that turning the UK into …

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Jupiter Fund Management becomes first global fund manager to be awarded Fair Tax Mark

Jupiter Fund Management plc has today been awarded the Fair Tax Mark, and becomes the first global fund manager to secure accreditation to the gold standard of responsible tax conduct. Jupiter is a specialist, high conviction, active asset manager with assets under management of £48.8bn as of 30 June 2022.  Jupiter is headquartered in London with offices in 12 worldwide …

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Third Sector Accountancy gains the Fair Tax Mark

Third Sector Accountancy has today secured its first Fair Tax Mark accreditation, the gold standard of responsible tax conduct. Third Sector is a UK firm of Chartered Accountants and Registered Auditors offering accountancy services primarily to those within the not-for-profit and co-operative sector. Formed in 2017, they are a worker co-operative with the primary purpose to support and encourage positive …

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UK accountancy firm The Numbercrunchers gains the Fair Tax Mark

The Numbercrunchers has today secured its first Fair Tax Mark accreditation, the gold standard of responsible tax conduct. The Numbercunchers is a UK accountancy firm producing unaudited accounts for limited companies, sole traders, partnerships and social enterprises. They offer general tax advice for sole traders & small business including preparation and filing of self-assessment, VAT and corporation tax returns. “As …

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group photo of Unite staff with Fair Tax Foundation's Graham Drummond holding Fair Tax photo prop with Unite logo

Unite becomes first German multinational to gain Fair Tax Mark

Unite has become the first German multinational to gain the Fair Tax Mark, the global gold standard of responsible tax conduct. They are also the first platform business to attain accreditation. Based in Leipzig and active in 15 European countries, Unite connects buyers and suppliers through a B2B platform and digital solutions that enable sourcing, transacting and collaborating. They join Vattenfall and Atlantia, …

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