Sustainability and social justice are becoming ever more important, also as they relate to taxes. Tax transparency reporting is increasingly widespread, and stakeholders now expect this. Tax obligations such as energy taxes, the single-use plastic tax, and the Carbon Border Adjustment Mechanism require companies to prepare and adapt their systems promptly to meet the deadlines. In addition, companies must also consider the tax implications of environment-related investments.
Affected companies should therefore proactively deal with current and upcoming new tax obligations as early as possible. Companies shouldn’t underestimate the time required to implement the necessary processes and software solutions. To learn more about our solutions, simply contact us directly:
Since January 1, 2021, every company reporting on its sustainability activities in accordance with the GRI Standard of the Global Sustainability Standards Board (GSSB) must comply with GRI Standard 207 for published reports and other documents. This applies whenever taxes are an essential topic for the organisation. Companies not wanting to publish a full sustainability report in accordance with this...
Increasingly more companies are issuing public statements regarding their tax strategy or voluntarily publishing a tax transparency report. The political establishment and society demand that companies behave ethically, and these expectations are growing, especially with regard to the tax ethics of national and international companies. Aggressive tax avoidance can therefore quickly damage a reputation,...