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PUBLIC COMMENT OPEN NOW
Have your say on the draft Standard
In line with the Global Sustainability Standards Board’s Due Process Protocol, a multi-stakeholder Technical Committee has developed a draft Standard on Tax and Payments to Governments, which will be considered for incorporation into the GRI Standards.
The draft Standard combines management approach disclosures on tax strategy, with country-by-country reporting of financial, economic and tax-related data.
Interested parties are invited to give their feedback on the draft Standard using the public comment form. Please note: The public comment form contains both the exposure draft of the Standard and the questions for your feedback.
To review and provide your feedback, please:
1. Download and save a copy of the public comment form (this includes the draft Standard) on your desktop. (Do not fill out the form in your web browser - your feedback will not be saved!)
2. Open the form using Adobe Acrobat and type your responses in the comment boxes.
3. Click 'Save' in the upper left corner of the form to ensure your responses are not lost.
4. Once you have completed the form, click the 'Submit form' button in the upper right corner of the form. Alternatively, send the form as an attachment to email@example.com.
Please note: you will be sent a confirmation that your form has been received within two working days. If you do not the receive confirmation, please email firstname.lastname@example.org.
5. All public comments received will be made available on the GRI website, and shared with the expert Technical Committee and the Global Sustainability Standards Board for their consideration.
Public comment is open until Friday 15 March 2019.
Your input will further improve the common global language for corporate reporting on tax - so have your say, today!
For your interest
The latest updates about the draft Standard and the public comment period:
The draft Standard can be found in the public comment form.
The public comment period commenced on 13 December 2019, read the announcement here.
View this flyer for information on how to have your say.
Listen to the most recent GRI podcast on tax reporting for interviews with the Chair of the GSSB, Judy Kuszewski, and two members of the Tax and Payments to Governments Technical Committee.
This article in GRI's December newsletter outlines why the Global Sustainability Standards Board initiated the project on tax and payments to government.
In 2017, the Global Sustainability Standards Board (GSSB) initiated a project to develop new disclosures related to tax and payments to governments, which will be considered for incorporation into the GRI Standards.
The aim of this work is to help promote greater transparency on a reporting organization’s approach to taxes. Making tax data more widely accessible will help build stakeholder trust and contribute to better-informed policy and investment decisions.
To this end, a multi-stakeholder Technical Committee of experts appointed by the GSSB began its work in January 2018 to develop disclosures on tax and payments to governments.
The draft GRI Standard Tax and Payments to Governments is the outcome of the TC’s work over this past year, and is now available for public review and comment.
The public comment period will be open for 90-days, until Friday 15 March 2019.
Once the public comment period comes to a close, the comments received will be made available on the GRI website, and shared with the expert Technical Committee and the Global Sustainability Standards Board for their consideration.
Further background on the project can be found in the project proposal. Please keep your eye on this page, or sign up below, to stay informed about project updates. Further questions can be emailed to email@example.com.
The following experts were appointed by the GSSB to develop disclosures on tax and payments to governments.
Read more about them in their member bios.
Daniel Bertossa, Public Services International, France
Alex Cobham, Tax Justice Network, UK
Andy Cale, Vodafone Group Plc, UK
Eelco van der Enden, Tax Policy Group, Accountancy Europe and PwC, Netherlands
Richard Murphy, City University, London, and Tax Research UK, UK
Vaishnavi Ravishankar, UN PRI, UK
Rob Wilson, MFS Investment Management, USA
Kenton D. Swift, University of Montana, USA
The following documents inform, guide or provide background context for the work to develop disclosures on tax and payments to government.Project Proposal: Disclosures on tax and payments to government Terms of Reference TC: Disclosures on Tax and payments to government Technical Committee Member Bios: Disclosure on tax and payments to government GSSB Due Process Protocol 2015 GSSB Terms of Reference 2015 GSSB Work Program 2017-2019
Please sign up here to receive updates about this and other GRI Standards projects (make sure to tick the ‘Standards’ option).
If you are interested only in tax-related GRI Standards updates, please send an email to firstname.lastname@example.org indicating you would like to stay informed about the development of this project.