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The Taxes Paradigm Shift – From Burden to Impact
JULY 7, 2021
KEY TAKEAWAYS:
- Funding the Covid-19 recovery has led to a revived global debate about tax policy and rates, with 130 countries agreeing on a global minimum tax rate.
- Corporate tax avoidance is a major ESG issue, but disclosure on responsible tax practices is noticeable by its absence.
- Responsible investors are increasingly taking into account the implications of fair taxation for social issues such as global inequality, particularly given an increased focus on outcomes-based investing and stakeholder capitalism.