Latest news about ethical consumerism


 

The Tax Challenge

Mar 15

Written by:
15/03/2013 09:43  RssIcon

FTSE100 companies have until 21st March to respond

The Conservative Member of Parliament for Stevenage, Stephen McPartland, has challenged the FTSE100 to commit to tax transparency.

The MP has written to the Chief Executives of all the FTSE 100 companies to ask them individually if they are willing to pledge their support for corporate tax transparency and if they will support a new international accountancy standard for country-by-country reporting.

They have until 21st March before he publicly contacts their largest shareholders to ask them to encourage some of the UK's biggest companies to take the issue seriously.

Stephen McPartland MP said "I am publishing all the company responses I receive and you can see them at www.taxchallenge.co.uk.  Some of the FTSE 100 companies have not replied and I will be publishing the names of those companies who have not responded by 21st March. I will then publicly contact their largest shareholders and ask them to encourage those companies to respond and take the issue of tax transparency seriously.

"They will only do that if their customers, the British public in many cases, drag them kicking and screaming towards tax transparency. Each of us can then decide individually whether the biggest companies in Britain really do care about the poorest in our society at home and abroad."

Tax justice campaigners have calculated that tax dodging by international Corporations could cost the UK up to £35 billion every year. Even worse, it could cost developing countries an estimated $160 billion.

 

Read the latest responses at www.taxchallenge.co.uk

 

Join our boycott of Amazon over its tax dodging

Tags:
Categories:

 

Full News Archive

 

Ethical news archive going back to July 2009.

Read More

Ethical Consumer Blog

Lush Spring Prize awards

  • 25/05/2017 11:41

11 projects announced as the winners of the inaugural Lush Spring Prize 2017

Ethical Consumer Blog

Sugar and Salt in Baked Beans

  • 17/05/2017 09:05

We compare 34 different brands in our recent research into Baked Beans

Ethical Consumer Blog

Organic Certified Beauty Products

  • 15/05/2017 09:13

We list 68 certified brands covering 9 beauty products