”Country-by-country tax” rundbordssamtale d. 8. september kl. 15.15 hos Nykredit
Sted: Nykredit, Kalvebod Brygge 1-3, 1780 København V
Country by country reporting on tax is an issue which has, and gradually will, become increasingly important in the SRI debate. Notably, the geographical positions of multinational firms’ profits, taking into account the national tax laws of the countries where the multinationals operate in, have raised the bar about transparency. This transparency is also know as “country-by-country tax” reporting, and ensures that the taxation takes place where the profits originally came from.
Dansif invites you to participate in a round table concerning tax and SRI. In addition to the latest debate about multinational companies’ taxes in Denmark, which has made the issue current here in Denmark, the debate is also progressing in the EU, OECD and in the International Accounting Standards Board (IASB).
IASB have proposed a hearing concerning adopting special conditions towards the extractive industries, where country by country tax is a central element. One of the key arguments for this proposal, to adopt special regulations for the extractive industries, is that the industry is extremely high risk for investors. Country by country tax is seen by some as a tool to reduce the investor’s risk, such a tool would give more information that investors could use to conduct risk assessments on, for example whether the company operates in countries that are politically unstable or if the company uses tax havens.
At the round table, experts and organisations together with investors, will discuss the effects and role of investors in relation to country by country tax.
Program:
15.15 Registration and coffee
15.45 Welcome address and panelpresentations from:
· Tax expert Richard Murphy, Tax Justice
· Lars Koch, Head of Policy, IBIS
· A relevant company
16.45 Dialogue session
17.30 Networking and sandwiches
The round table will be held under the Chatham House Rules. Please register at dansif@dansif.dk.
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