For many years, the concept of the “good corporate citizen” has been the benchmark for tax risk governance. That concept broadly encompasses meeting statutory tax obligations, taking tax positions that are more likely than not to be correct, and engaging with tax authorities in a constructive and cooperative manner. The post - GFC world has resulted in many governments querying where the tax revenues to fund public services are going to be sourced from. That in turn has led them to question whether all of the organisations doing business in their countries still meet (or ever met) the definition of a “good corporate citizen”.
The speakers will consider whether the definition of a “good corporate citizen” in the tax context has changed, or whether the GFC simply shed light on those organisations that never met the definition, and what are the lessons and insights for those charged with the governance of tax risk in today’s corporates.
Kirsty Keating - Ernst & Young Law, Country Leader
Geoff Blaikie - Ernst & Young, NZ Tax Leader