Tax is the price we pay for a civilized society, providing for roads, schools, hospitals, social programs and other critical infrastructure. With sustainability and Environmental, Social and Corporate Governance (ESG) now at the top of the leadership agenda, tax has an important role to play, and decisions in this space can have a profound impact on the world of tax. From government tax measures in place to reward or remediate behaviors to the very real influence that an organization's tax affairs now has on its reputation, brand and bottom line, a socially responsible approach to tax is increasingly important to organizations and the way they do business, not only as the right thing to do for society, but also as a driver for sustainable growth.
A number of leading KPMG International Tax & Legal professionals reflect on the changes they've seen since the emergence of COVID-19, as well as the expectations for the future, all through KPMG's four phased lens as we move into the new reality.
Transcript (PDF 117 KB).