Sustainable tax
Sustainability and social justice are becoming increasingly important, particularly in their connection to tax practices. We recognize that the business landscape is shifting from a shareholder to a stakeholder focus, which is why our tax advice takes into account the interests of all stakeholders, including employees, local communities, policymakers, and NGOs. These groups are increasingly scrutinizing and challenging corporate tax policies, which presents a significant risk of reputational damage.
As a result, stakeholders now expect greater tax transparency, and tax transparency reporting is becoming more widespread.
To meet these expectations, companies must prepare and adapt their systems promptly to comply with emerging tax obligations, such as energy taxes, the single-use plastic tax, and the Carbon Border Adjustment Mechanism, as well as consider the tax implications of environment-related investments.
Our approach to tax advice is comprehensive, incorporating Environmental, Social, and Governance (ESG) principles and the United Nations Sustainable Development Goals (SDGs). We aim to create a transparent tax strategy that aligns with your organization’s overall objectives. This transparency can help build trust and confidence in your brand among customers, suppliers, investors, current and future employees, and the wider community.
To effectively manage these evolving requirements, businesses should proactively address both current and future tax obligations as early as possible. It is crucial not to underestimate the time required to implement the necessary processes and software solutions.
Transparency and trust
A transparent tax strategy that aligns with your organisation's overall strategy can yield significant benefits. This transparency can help the company create trust around its brand with customers, suppliers, investors, (future) employees and the community.