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GRI 207: Tax 2019 is now available
Download GRI 207:Tax 2019 by clicking this link. GRI 207: Tax 2019 will be effective for reports and other materials published on or after 1 January 2021. Earlier adoption is encouraged.
About GRI 207: Tax 2019
In 2017, the Global Sustainability Standards Board (GSSB), GRI's independent standard-setting body, initiated a project to develop new disclosures related to tax and payments to governments. The aim of this work is to help promote greater transparency on a reporting organization’s approach to taxes.
To this end, a multi-stakeholder Technical Committee of experts appointed by the GSSB began its work in January 2018 and developed a draft Standard. A 90-day public comment period for the draft of the GRI Standard ran from 13 December 2018 to 15 March 2019.
The GSSB, received over 80 responses representing approximately 110 organizations or individuals. All public comments received were considered by the Technical Committee and GSSB, and informed further development of the new Standard.
In September 2019, the GSSB approved the new Standard, to be known as GRI 207: Tax 2019. The project follows the GSSB Due Process Protocol, the implementation of which is overseen by the Due Process Oversight Committee.
Want to know more?
- Watch the GRI Tax Standard Launch event
- Consult the Frequently asked questions
- Find the highlights in the GRI 207:Tax 2019 fact sheet
- Understand the comparison between the GRI Tax Standard and OECD BEPS Country-by-Country reporting
- Read GRI's press release
- See how other organizations have reacted to the launch of GRI 207:Tax 2019
The GRI Tax Standard Launch event was held on 16 January 2020 at London Stock Exchange Group. Watch the full video of the event here.
The GRI 207: Tax 2019 Free Introduction Webinar was held on 29 2020. This interactive webinar introduces reporting practitioners to the GRI 207:Tax 2019. Watch the full video of the webinar here.
Basis for conclusions for GRI 207: Tax 2019
A 90-day public comment period for the exposure draft of the Standard ran from 13 December 2018 to 15 March 2019.
The GRI 207: Tax 2019 Basis for conclusions provides a summary of the public comments received. It also provides a summary of how the GSSB responded to these comments in the finalization of the Standard.
The GRI Technical Committee for GRI 207: Tax 2019 consisted of the following members. Read more about then in their member bios.
Daniel Bertossa, Public Services International, France
Alex Cobham, Tax Justice Network, UK
Andy Cale, Vodafone Group Plc, UK
Kate Elliot, Rathbone Greenbank Investments, UK
Eelco van der Enden, Tax Policy Group, Accountancy Europe and PwC, Netherlands
Richard Murphy, City University, London, and Tax Research UK, UK
Rob Wilson, MFS Investment Management, USA
Vaishnavi Ravishankar, UN PRI, UK (former)
Kenton D. Swift, University of Montana, USA
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You can also keen an eye on this page for information about other upcoming events on the Standard.
The following documents have informed, guided or provide background context for the work to develop GRI 207: Tax 2019Submissions received on Exposure draft for tax and payments to governments.xlsx Exposure draft Standard for tax and payments to governments GSSB Due Process Protocol 2018 Terms of Reference TC: Disclosures on Tax and payments to government Project Proposal: Disclosures on tax and payments to government GSSB Terms of Reference 2018 GSSB Work Program 2017-2019