Fair Tax Foundation

🚨We're very excited to have launched a community share offer on social investment platform Ethex in order to level up our impact and embed tax justice further in the UK and around the world. 🚨 Across the globe, 35% of multinational profits (£1trn) are artificially shifted to tax havens each year, robbing the public purse of funding for vital public services such as transport and healthcare. Some ten years ago we saw there was another way to do business. More than 250 distinct trading businesses are now Fair Tax Mark accredited, but 𝐰𝐞 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐝𝐨 𝐦𝐮𝐜𝐡, 𝐦𝐮𝐜𝐡 𝐦𝐨𝐫𝐞. Find out more about our plans and the community share offer at https://lnkd.in/etyEEwa5

Many thanks to the wonderful Bayesian Shift for the kind words and their recent investment. Our £450,000 community share offer remains open until end November. Please use the link below if you would like to become an investor member of the Fair Tax Foundation, and help us increase our social impact fivefold.

🚨We're very pleased to announce today that 𝐈𝐛𝐞𝐫𝐝𝐫𝐨𝐥𝐚 have become the 𝐟𝐢𝐫𝐬𝐭 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐧 𝐒𝐩𝐚𝐢𝐧 to achieve the 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐌𝐚𝐫𝐤🚨 💚Iberdrola Renewables develop grids, renewable energy activities and electricity trading in Europe, the US, Brazil, Mexico and Australia. As at December 2023 they were the largest utility company in Europe by market cap. 📝 Our Head of Accreditation Jaime John Boswell praised their comprehensive tax transparency reporting as "𝘦𝘹𝘢𝘤𝘵𝘭𝘺 𝘵𝘩𝘦 𝘭𝘦𝘷𝘦𝘭 𝘰𝘧 𝘥𝘦𝘵𝘢𝘪𝘭 𝘸𝘦’𝘳𝘦 𝘭𝘰𝘰𝘬𝘪𝘯g 𝘧𝘰𝘳". Read more about Iberdrola's accreditation ➡ https://lnkd.in/eiXWsvY8 #fairtax #iberdrola #renewables #cleanenergy

On December 3, the 2nd Tax Transparency Conference will take place at Norwegian School of Economics (NHH)! Everyone can follow the event live streaming by registering free of charge here: https://lnkd.in/eiRfbJJQ This is a joint event with NoCeT Norway, TRR 266 Accounting for Transparency and Fair Tax Foundation and will include three amazing panels with a set of outstanding speakers from policymakers, academia, NGOs and industry. We will discuss together the benefits and limits of existing tax transparency initiatives and how the future of tax transparency will look like. More information here: https://lnkd.in/e7rerG3w If you have any questions, you can reach out to Elisa Casi-Eberhard or Arthur Stenzel #taxtransparency #taxavoidance #offshoretaxevasion #ESG

Organisations with the 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐌𝐚𝐫𝐤 stand out in their sectors. The Mark can indicate trust to a business' stakeholders, demonstrate commitment to sustainability, keep ahead of regulation and bring more benefits that are often sector specific. The Fair Tax Foundation has accredited businesses in retail, banking, construction, energy, investment, cleaning and more! Read how the Fair Tax Mark benefits organisations in their sectors here: https://lnkd.in/eR3izJsT #fairtax #sectors #trust #transparency #stakeholders

𝐒𝐞𝐯𝐞𝐧 𝐫𝐞𝐚𝐬𝐨𝐧𝐬 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐬𝐡𝐨𝐮𝐥𝐝 𝐩𝐮𝐫𝐬𝐮𝐞 𝐭𝐡𝐞 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐌𝐚𝐫𝐤: 1) Tax has come in from the cold and is now a hot topic in the boardroom 2) For an ESG strategy to be credible, it must now explicitly tackle ‘tax conduct’ 3) Responsible tax conduct resonates really well with customers and employees 4) In a low-trust world, stakeholders value independent third-party verification 5) Investors will be assured that you are managing tax-related risks well 6) You will be well placed to get ahead of the curve of new legislation 7) You will join a growing network of pioneers that are shaping a fairer and more productive future   See our full report for more detail, supporting evidence and testimonies from a number of our Fair Tax Mark accredited businesses: https://lnkd.in/eRhcsFEp #fairtax #ESG #stakeholdertrust #legislation #investors

🏆The 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐌𝐚𝐫𝐤 is the gold standard of responsible tax conduct. It's a label to show your business is paying the right amount of corporate income tax, in the right place, at the right time. 📝To enquire about becoming Fair Tax Mark accredited, click here: https://lnkd.in/dDRJqyB5 #fairtax #accreditation #thirdparty #trust #corporationtax

"𝑪𝒐𝒓𝒑𝒐𝒓𝒂𝒕𝒆 𝒕𝒓𝒂𝒏𝒔𝒑𝒂𝒓𝒆𝒏𝒄𝒚 𝒊𝒔 𝒗𝒆𝒓𝒚 𝒒𝒖𝒊𝒄𝒌𝒍𝒚 𝒃𝒆𝒄𝒐𝒎𝒊𝒏𝒈 𝒑𝒂𝒓𝒕 𝒐𝒇 𝒕𝒉𝒆 𝒓𝒆𝒑𝒐𝒓𝒕𝒊𝒏𝒈 𝒓𝒆𝒒𝒖𝒊𝒓𝒆𝒎𝒆𝒏𝒕𝒔 𝒐𝒇 𝒂 𝒃𝒖𝒔𝒊𝒏𝒆𝒔𝒔, 𝒂𝒏𝒅 𝒇𝒂𝒊𝒓 𝒕𝒂𝒙 𝒊𝒔 𝒐𝒇 𝒄𝒐𝒖𝒓𝒔𝒆 𝒑𝒂𝒓𝒕 𝒐𝒇 𝒕𝒉𝒂𝒕." For the next article in our 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐋𝐞𝐚𝐝𝐞𝐫𝐬 series, Coventry Building Society's Claire Newton (Nee Seward) discusses the evolving role of the tax function and the benefits of increased reporting requirements. Read the article here: https://lnkd.in/egEKkYRm #fairtax #buildingsocieties #reporting #transparency #responsiblebusiness

“𝘞𝘦 – 𝘢𝘯𝘥 𝘰𝘶𝘳 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴𝘦𝘴 – 𝘴𝘵𝘢𝘯𝘥𝘪𝘯𝘨 𝘶𝘱 𝘢𝘯𝘥 𝘮𝘢𝘬𝘪𝘯𝘨 𝘢 𝘤𝘰𝘯𝘵𝘳𝘪𝘣𝘶𝘵𝘪𝘰𝘯, 𝘢𝘯𝘥 𝘣𝘦𝘪𝘯𝘨 𝘱𝘳𝘰𝘶𝘥 𝘵𝘰 𝘮𝘢𝘬𝘦 𝘢 𝘤𝘰𝘯𝘵𝘳𝘪𝘣𝘶𝘵𝘪𝘰𝘯, 𝘩𝘢𝘴 𝘩𝘢𝘥 𝘢𝘯 𝘪𝘮𝘱𝘢𝘤𝘵” Listen to a short clip of the conversation our CEO Paul Monaghan had with Ethex about our community share offer below ⬇️ And find out more about our share offer here: https://lnkd.in/etyEEwa5 #fairtax #communityshares #corporationtax #responsiblebusiness

Getting into the nitty gritty of how ESG and tax functions at businesses can work closer together, where tax is impacting sustainability goals and vice versa, and what green policies will actually be effective, were all on the table today at Informa Connect's Tax Transformation Summit. Particularly enjoyed the question on the link between ESG and public Country-by-Country Reporting (pCbCR) - keep an eye out for our updated pCbCR resource coming soon⌛️ #esg #tax #sustainability #reporting SSE plc Anglo American