Ready to benefit from the new era of transparent and responsible tax behaviour?
In recent years, the increased public scrutiny over how much taxes big multinational companies actually pay to national governments has put a new topic on the radar of sustainability managers: the concept of tax transparency and responsibility.
To respond to the recent scandals (e.g. LuxLeaks, Panama Papers, Paradise Papers, etc.) some companies have already started to voluntarily disclose additional information about their tax payments on a country-by-country basis.
But how can companies benefit from these new stakeholders’ expectations over their tax decisions?
Responsible tax behaviour for companies can:
1. Safeguard your investments over the mid- and long-term
2. Improve your position towards policy-makers
3. Increase the credibility of your social corporate responsibility strategy
4. Position your company as a front-runner and reduce adaptation costs