Changing Attitudes to Tax Reputation Risk

    View Author September 2015

    In recent years, it seems that any discussion of tax includes mention of the moral obligation taxpayers have to “pay their fair share,” and countries around the world are taking advantage of this. As a result of deliberate public relations campaigns, it is clear that attitudes to tax reputational risk have and will continue to change. Since tax planning may now significantly affect business, top management needs to not only be aware of potential tax planning risks and its effect on business and operations, but also to be in a position to explain the company’s tax policy to the public if necessary.