In this sectionShow sections Hide sections
Disclosures on tax and payments to government
The GSSB has 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. This includes information on such potential elements as tax strategy, governance, taxes paid, and payments to governments. Wherever possible, it will consider and seek to align with existing frameworks and methodologies for reporting on these topics.
The GSSB has appointed a dedicated Technical Committee to develop and recommend draft disclosures related to tax and payments to government. The outcomes of this project could include updates to existing universal Standards such as GRI 102: General Disclosures, the inclusion of new disclosures in existing topic-specific Standards, or potentially a new dedicated GRI Standard. The project will follow the GSSB Due Process Protocol, the implementation of which will be overseen by the Due Process Oversight Committee.
Further information about the work 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 firstname.lastname@example.org.
The following Technical Committee members have been appointed to consolidate recommendations for establishing and integrating disclosures on tax and payments to government into the GRI Standards. 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
Ross Lyons, Rio Tinto, Australia - resigned from Technical Committee
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 and provide background context for the work to review 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
This timeline is subject to change. For more information about the development process and project schedule, see the Terms of Reference.
Phase 1: Project commencement (October 2017)
Phase 2: Appointment of Technical Committee (January 2018)
Phase 3: Development of Draft GRI Standard (January - September 2018)
Phase 4: Public exposure (expected Q4 2018)
Phase 5: Consideration of respondents' comments on the Exposure Draft (expected Q1 2019)
Next Steps: TBC