TaxCorporate TaxGovernment urged to review tax regime

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

The Foreign Policy Centre

Related Articles

Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

2m Alia Shoaib, Reporter
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

2m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

2m Clear Books | Sponsored
CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

Corporate Tax CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

3m Austin Clark, Reporter
‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

3m Emma Smith, Managing Editor
Should I incorporate my buy-to-let business?

Corporate Tax Should I incorporate my buy-to-let business?

4m Emma Rawson