ESG is a growing and evolving area that presents both benefits and risks for in-house Heads of Tax. There will be rewards for those who manage to be proactive and strategic in managing the tax implications and opportunities of ESG, and who succeed in aligning the group’s approach to tax with the group’s wider ESG values and goals. By doing so, they can not only fulfil their tax obligations and mitigate their tax risks, but also can uncover new opportunities to enhance the group’s reputation and build trust with key stakeholders.
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ESG is a growing and evolving area that presents both benefits and risks for in-house Heads of Tax. There will be rewards for those who manage to be proactive and strategic in managing the tax implications and opportunities of ESG, and who succeed in aligning the group’s approach to tax with the group’s wider ESG values and goals. By doing so, they can not only fulfil their tax obligations and mitigate their tax risks, but also can uncover new opportunities to enhance the group’s reputation and build trust with key stakeholders.
If you are not a subscriber, subscribe now to read this content.