Tax Evasion Framework
GoodCorporation’s four-page Framework on Preventing Tax Evasion and the Facilitation of Tax Evasion comprises a set of responsible business principles that can be used as a tool to improve the robustness of management practices in relation to the risks of facilitating tax evasion.
Areas covered by the framework
Top-level commitment: senior management ensures that there is a zero-tolerance of tax evasion with effective policies and procedures in place to prevent it occurring.
Corporate strategy: the organisation understands its tax liabilities in all its legal entities and has frameworks and structures in place to meet these obligations.
Risk assessment: the organisation ensures that all risks of tax evasion are proactively assessed and mitigated.
Communication and training: the organisation can evidence that employees and relevant stakeholders are trained on and abide by its anti-tax evasion policies and procedures.
Due diligence: there are clear processes for deciding on and conducting effective due diligence.
Key tax areas: the organisation understands the business functions that trigger tax payments and has effective procedures in place to mitigate any risk of tax evasion.
Transparency: the organisation can demonstate a commitment to tax transparency.
Compliance and monitoring: there are effective monitoring processes in place to ensure that policies and procedures are properly implemented.
Explore our Frameworks
GoodCorporation's portfolio of proprietary frameworks act as practical guides for organisations looking to implement best practice and manage the wide range of ethics, compliance and sustainability challenges they face.
Business Ethics Standard
Bribery and Corruption Framework
Child Protection and Safeguarding Framework
Competition and Antitrust Framework
Data Protection Framework
Diversity, Equity and Inclusion Framework
Environment Framework
Fraud Prevention Framework
Harassment and Bullying Framework
Human Rights and Environmental Due Diligence Framework
Human Rights and Modern Slavery Framework
Integrity Compliance Framework
Sports Governance Framework
Tax Evasion Framework
Whistleblowing Framework
