“I don’t care if it’s legal, it’s wrong”: Panama Papers show taxation is a core corporate responsibility issue

Guter Beitrag – auch wenn’s auf unserem Blog inhaltlich nichts Neues ist, lohnt es sich, den Leitsatz dieses Textes immer wieder vor Augen zu führen: “I don’t care if it’s legal, it’s wrong”.

Friends of the OECD Guidelines for Multinational Enterprises

By Roel Nieuwenkamp, Chair of the OECD Working Party on Responsible Business Conduct

“I don’t care if it’s legal, it’s wrong.” This quote from US President Obama about tax avoidance illustrates the shift in thinking about tax from issues from a strictly legal perspective to the domain of corporate responsibility.

Global tax avoidance has been attracting increasing attention and ire over the past few years. In the UK public outrage over tax avoidance has been very visible, several years back company executives of the world’s largest MNE were publically scrutinized over tax avoidance issues. In the midst of the financial crisis EU countries like Greece and Portugal were furious to learn that their multinational enterprises paid almost no taxes because of fiscal arrangements involving the same jurisdictions that had put pressure on them to implement severe austerity packages. In developing countries tax base erosion and profit shifting (BEPs) has likewise…

Ursprünglichen Post anzeigen 1.233 weitere Wörter

Advertisements

About Barbara Bohr

I teach communication and project management at a technical college. My Interests are: Text analysis, (financial) innovation for the common good.

Kommentar verfassen

Trage deine Daten unten ein oder klicke ein Icon um dich einzuloggen:

WordPress.com-Logo

Du kommentierst mit Deinem WordPress.com-Konto. Abmelden / Ändern )

Twitter-Bild

Du kommentierst mit Deinem Twitter-Konto. Abmelden / Ändern )

Facebook-Foto

Du kommentierst mit Deinem Facebook-Konto. Abmelden / Ändern )

Google+ Foto

Du kommentierst mit Deinem Google+-Konto. Abmelden / Ändern )

Verbinde mit %s

%d Bloggern gefällt das: