KPMG’s Global Responsible Tax Project recently held a roundtable in collaboration with KPMG IMPACT, to look at the technical difficulties of designing a Carbon Border Adjustment Mechanism (CBAM).
On 14 July KPMG International and Jericho Chambers sponsored the second in a series of roundtables on tax policy responses to COVID-19.
In this article, Paul Gisby, Senior Manager at Accountancy Europe – shares his views on the first provocation. Understanding the challenges of corporate taxation in a digitized, globalized economy is one of the key focus areas for the Responsible Tax project in 2019. An initial provocation was published in the spring and a Think Piece is scheduled for the autumn. This...
In this article, Stella Raventós-Calvo, Chair of The Fiscal Committee – shares her views on the first provocation. Understanding the challenges of corporate taxation in a digitized, globalized economy is one of the key focus areas for the Responsible Tax project in 2019. An initial provocation was published in the Spring and a Think Piece is scheduled for the autumn....
New and big pressures are building that are going to force change on the global tax system. There are many concerns: growing inequality within countries and the shift of income away from labour to capital which has occurred over the last 50 years; aging populations; how best to tackle climate change; more generally, how to finance the UN Sustainable Development...
Paper for #Nairobi Conference on Improving Domestic Resource Mobilization and Stemming Illicit Financial Flow, Tax Justice for Promoting Equality and Social Justice, March 12-14 2019. All views expressed are the author’s own.The purpose of this paper is to help promote a fruitful discussion between civil society and business about the limits of tax #planning and the meaning of tax...
In late September 2018 a roundtable was held on the subject of the impact of digitalisation and whether or not corporation tax is fit for purpose in the 21st-century. The meeting was held directly after the KPMG European region Tax Summit in Rome and so the opportunity was taken to focus on tax leaders in attendance rather than to extend...
On Friday 14th of September I attended the 2nd Tallinn Tax Conference entitled Future of the Corporate Income Tax in the World: is this the end of the CIT as we know it? Chaired by Dmitri Jegorov, Deputy Secretary-General, Ministry of Finance, Estonia, it was a fascinating debate looking at whether corporation tax is fit for purpose in the 21st...
As the tax world has moved on from BEPS and the U.S. Congress has finally acted on reforming the U.S. corporate tax system, digital economy tax has become the hot topic.
In ActionAid’s regular discussions with corporates on the subject of tax, there is a strikingly common theme in what we’re told by business leaders – namely, that whilst tax avoidance is indeed a problem, the tax affairs of their own businesses are beyond reproach.
To build a robust and productive conversation about tax, it can be helpful to start with some reflection on how taxes have come into our societies in the first place.
8 men own the same wealth as the bottom half of the world’s population. Extreme inequality is out of control and without tackling it we will not end poverty. We need to move to a human economy that is built on cooperation and more redistributive policies, especially fairer tax systems. Because taxation is without a doubt the most sustainable form...
