Corporate ‘Tax’ Governance: A Necessary Addition to Best Practices for Businesses?

By Steef Huibregtse and Avisha Sood.

Management of an entity’s tax strategy has historically been down to finance directors and has received little attention from boards. However, the growing reputational risk attached to strategies that incur a notably low tax bite and the ensuing BEPS project has forced boards to focus on their taxes as much as they do other areas of corporate governance.

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