Mike Linter, a KPMG Tax Partner, says that “The responsibility of getting your tax strategy right has never been so high up the priorities on the boardroom agenda. The risks associated with transparency and compliance with tax laws in all of the jurisdictions in which businesses operate are great”.
• Are we explaining our tax contribution effectively to our customers, employees, investors and wider communities?
• Is our responsible tax planning aligned to commercial logic?
• Do we understand the effects that the OECD’s Base Erosion and Profit Shifting (“BEPS”) will have on our business?
Robin Walduck KPMG’s Partner and Head of International Tax & Treasury sets out why the effects of BEPS will be felt by the wider business, and what this means for you and your colleagues inside and outside of the tax department.
Read more BEPS: 25 Reasons it's not just about tax
Until recently, many business leaders have been on the back foot when it comes to tax transparency and accountability. With ever closer scrutiny of companies’ international tax arrangements, now is the time for the C-suite to make their voice heard in the responsible tax debate, says Stephen Herring, Head of Taxation at the Institute of Directors.