Category: Tax
Effort is lead by FrenchSIF’s Dialogue and Engagement Commission Effort is lead by FrenchSIF’s Dialogue and Engagement Commission Effort is lead by FrenchSIF’s Dialogue and Engagement Commission
A campaign on corporate tax responsibility, involving a network of French investors with €4.46bn collectively under management, has released a new report analysing the tax practices of companies in France’s stock index CAC 40.
The campaign is part of the French Sustainable Investment Forum’s Dialogue and Engagement Commission whose members are increasingly focused on the issue of tax opacity and avoidance because of the reputational and operational risks it presents to companies.
Alexis Masse, President of the FrenchSIF, said: “Companies benefit from the quality of education and research, and from the infrastructures, institutions and healthcare systems of the countries in which they operate. Their contribution to the public finances of these countries is therefore part of the social contract. It is a mutually beneficial social choice. This is why the FIR [FrenchSIF], through its engagement, aims to remind companies that fiscal citizen…