Tax policy and corporate governance increasingly connected

Tax policy and corporate governance increasingly connected, says major investor

Investors are increasingly concerned how companies are dealing with mounting tax regulations, according to a new report UK-based fund managers Henderson Global Investors published a report this week summarising the findings from a survey of the UK’s FTSE350 companies on their respective tax policies.

“Tax, risk and corporate governance” attempts to gauge the preparedness of companies to deal with increasing tax scrutiny by governments as well as the wider public.

The Henderson report points out that recent announcements by UK’s Chancellor of the Exchequer, Gordon Brown, to crack down on corporate tax avoidance are a clear indication of the spotlight on company tax policies.

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