Richard Murphy is hoping to release a draft “international version” of the Fair Tax Mark (FTM) for discussion by June, he told Taxation at the end of an informative and constructive debate hosted at the London office of Mazars, the international accountancy firm.
Murphy revealed that some FTSE 100 companies had enquired about applying for the FTM, and there was “very definitely” interest among their FTSE 350 counterparts. Not as many smaller companies as expected had come forward.
Opening the debate, Tim Davies, head of tax at Mazars, suggested that the issues of tax transparency and tax avoidance were likely to be “on everyone’s agenda” for some time.
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