Developing Sustainable Corporate Tax Governance

Key Points

• Sustainable governance improves corporate tax responsibility and accountability, enhancing transparency with stakeholders.
• Increased stakeholder engagement is crucial for effective management of corporate tax risks and ensuring compliance with regulations.
• Observational analysis of corporate tax practices across various industries helps identify best practices for governance over time.
• Supports better tax practices in companies, showing that good governance may lead to increased trust and reduced risk management issues.