Government urged to review tax regime
The government should review its economic strategy, offering tax incentives to encourage corporate citizenship, according to a report published today by the Foreign Policy Research Centre.
The report, published in association with The Institute of Social and Ethical Accountability, said corporate citizenship would continue to be inadequate unless the government created the conditions to make it more effective.
It called on the government to make changes to its economic development strategy for the UK by ‘reviewing the corporate tax regime to reward responsible behaviour’.
The report called for the obligation of pension funds to disclose social policies to be extended to all financial institutions. Furthermore, Public Private Partnerships should be held more accountable by conducting an annual National Audit Office report of the projected costs.
It added: ‘Government needs to create competitive conditions that enhance corporate social and environmental performance.’
Links
Brown urged to address UK tax climate