Tax avoidance is a systemic issue for investors. It can not only have adverse impacts on the profitability and sustainability of investee companies, but it can also affect overall portfolio returns and overall macroeconomic conditions.
In this episode of the PRI podcast, join Vaishnavi Ravishankar of the PRI and Edward Mason of the Church Commissioners for England as they discuss how investors can work on promoting corporate tax responsibility.
Interested in the resources discussed in this podcast?
Collaborative engagement on tax transparency: https://www.unpri.org/governance-issues/pri-collaborative-engagement-on-tax-transparency-outcomes-report/5541.article
Richard Murphy, a chartered accountant, political economist, and co-founder of the Tax Justice Network, joins PRI’s Vaishnavi Ravishankar to discuss the OECD’s BEPS project with a particular focus on Action 13 and Country-by-Country reporting. Together, they unpack the concept by discussing the merits as well as challenges associated with requirements.
Robert Wilson (MFS Investment Management) joins the PRI's Athanasia Karananou to discuss the issue of tax and why this matters to investors. This covers Robert's work as part of a PRI-led investor taskforce to explore and engage on the issue of corporate tax responsibility.