As governments face increasing pressures to fund public services and achieve the Sustainable Development Goals (SDGs), a newly released policymaker guide provides comprehensive strategies to enhance tax transparency, governance, and global collaboration.
The guide underscores the pivotal role of tax revenues in addressing critical societal needs, including infrastructure development, poverty reduction, and climate change mitigation, while emphasizing the importance of corporate responsibility in achieving sustainability objectives.
Key Highlights:
- Tax Transparency: Growing demand for public, country-specific tax disclosures by corporations.
- Governance Safeguards: The EU’s Country-by-Country Reporting (CbCr) Directive and Corporate Sustainability Reporting Directive (CSRD) position tax reporting as a cornerstone of governance frameworks.
- Global Standards: The guide highlights GRI 207, which sets the global benchmark for tax strategy, governance, and reporting, ensuring alignment with regulatory and stakeholder expectations.
This guide equips policymakers with actionable insights to create fair and effective tax systems that balance transparency, economic growth, and sustainability.
| Find out more here. |
