📢 Tax professionals at multinationals: we have lots of resources to help with your public Country-by-Country Reporting. Take a look ⬇️
A recent report from the Global Reporting Initiative has found that public country-by-country reporting (pCbCR) uptake is low among multinationals indicating that they follow the GRI 207 tax transparency standard. The report’s recommendation to consider combining use of GRI 207 with Fair Tax Mark certification is especially welcome, as we at Fair Tax Foundation are eager to help more businesses navigate pCbCR and support their tax data disclosures with meaningful, informative narrative. Our thoughts on this development, including links to key resources such as our recently updated paper 𝐏𝐮𝐛𝐥𝐢𝐜 𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐛𝐲-𝐂𝐨𝐮𝐧𝐭𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠: 𝐖𝐡𝐲 𝐚𝐧𝐝 𝐡𝐨𝐰 𝐦𝐮𝐥𝐭𝐢𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥𝐬 𝐬𝐡𝐨𝐮𝐥𝐝 𝐥𝐢𝐟𝐭 𝐭𝐡𝐞 𝐥𝐢𝐝 𝐨𝐧 𝐭𝐡𝐞𝐢𝐫 𝐭𝐚𝐱𝐞𝐬, are here: https://lnkd.in/eC3g-Qub