The growth of tax havens and unethical corporate tax conduct have become prominent concerns across the world. Aggressive tax avoidance negatively distorts national economies and undermines the ability of business to compete fairly, both domestically and internationally.
Recent research has found that close to 40% of multinational profits (some US$970bn) are artificially shifted to tax havens each year, leading to a US$250bn reduction in corporate tax revenue.
It is no longer enough for a business to claim that their tax conduct is acceptable as long as they are not breaking the letter of the law.
It helps your business demonstrate it pays the right amount of corporate income tax at the right time and in the right place, following both the spirit and the letter of the law.
Sought by listed PLCs, global multinationals, co-operatives, social enterprises and more, the Fair Tax Mark shows stakeholders that your tax conduct has been independently assessed and rated by an impartial organisation. It shows you’re leading by example.
This is a guest blog post from Natasha Turner, Global Editor at ESG Clarity, for Fair Tax Week 2023. Fair Tax Week 2023 (8th-18th June) is a recognition of the businesses and organisations that are proud to promote responsible tax conduct, and a celebration of the positive contribution this makes to society. Register now to hear Natasha, and speakers from …
This is a guest blog post from Juliette Garside, Deputy Business Editor at The Guardian, for Fair Tax Week 2023. Fair Tax Week 2023 (8th-18th June) is a recognition of the businesses and organisations that are proud to promote responsible tax conduct, and a celebration of the positive contribution this makes to society. Register now to hear Juliette and a …
This is a guest blog post from Sarah Edwards, Executive Director at JustMoney Movement, for Fair Tax Week 2023. Fair Tax Week 2023 (8th-18th June) is a recognition of the businesses and organisations that are proud to promote responsible tax conduct, and a celebration of the positive contribution this makes to society. Organisations and businesses often use Fair Tax Week …
