Tax contributions are a key part of the positive social and economic impact made by business – helping the communities in which they operate to deliver valuable public services and to build the infrastructure that allows business to thrive.
Via our Fair Tax Mark accreditation scheme, we seek to encourage and recognise businesses that pay the right amount of corporate income tax at the right time and in the right place.
We believe that businesses that pay their taxes willingly, fairly and transparently should be celebrated and rewarded.
The focus of the Fair Tax Foundation’s consideration is corporate income tax. Businesses are subjected to many different types of tax, but corporation tax has an importance way beyond the revenues it raises. As argued by the Tax Justice Network: “It holds the whole tax system together. It curbs political and economic inequalities and helps rebalance distorted economies.”