12:35 minutes listen, Podcast in German

The data leaks that have hit the news in the past few years in connection with the Pandora, Panama and Paradise papers have intensified public awareness of the topic of tax transparency.

Tax transparency is playing an increasingly important role in the ESG universe. Not only are investors, clients and the public demanding greater transparency on the tax-related aspects of a company’s performance, but companies also have to or are supposed to implement regulatory requirements such as the EU’s country-by-country reporting or new standards like GRI 207 (Global Reporting Initiative). This podcast episode features tax expert Anne Marie Anselmi talking about the latest developments in this area and how companies can get into shape from a tax transparency perspective.

"Companies have to take charge."

– Anne Marie Anselmi, Director International Corporate Tax, Head of Tax Accounting

Insights and takeaways

  • Investors, clients and the public are not only demanding transparency about a company’s business activities, but increasingly about its tax-related aspects, as well.
  • Businesses are now being called on to create this transparency – which is increasingly transforming into a success factor.
  • What’s important is that companies implement a governance model that incorporates the various perspectives on the issue, including a CSR officer, a finance and tax function, corporate communications, etc.
  • Implementing smart technologies is the only effective means of examining and improving complex tax matters.

Expert

Anne Marie Anselmi, Director International Corporate Tax, Head of Tax Accounting