Judith Freedman KPMG Professor of Taxation Law University of Oxford argues that the debate on tax avoidance needs to be re-cast
What are company directors and their advisers to think about tax avoidance? Where does it fit if at all within the debate on corporate social responsibility (CSR)? So far tax has figured surprisingly little in this debate. As the CSR concept grows in strength however and given the role of tax schemes in the case of Enron tax is now firmly on the agenda as an issue for company managers and audit committees. The concept of enlightened shareholder value has shifted the emphasis from immediate profit maximisation. Longer term and sustainable profit maximisation is not only consistent with paying regard to wider stakeholder interests...
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Judith Freedman KPMG Professor of Taxation Law University of Oxford argues that the debate on tax avoidance needs to be re-cast
What are company directors and their advisers to think about tax avoidance? Where does it fit if at all within the debate on corporate social responsibility (CSR)? So far tax has figured surprisingly little in this debate. As the CSR concept grows in strength however and given the role of tax schemes in the case of Enron tax is now firmly on the agenda as an issue for company managers and audit committees. The concept of enlightened shareholder value has shifted the emphasis from immediate profit maximisation. Longer term and sustainable profit maximisation is not only consistent with paying regard to wider stakeholder interests...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
