Environmental examines how a company contributes to sustainability and how it responds to environmental challenges, such as waste (recycling), greenhouse gases (emissions) and the production of, for example, plastic (production). This can include existing taxes that stimulate eco‑friendly behavior or are based on a ‘polluter pays’ principle.
What can you do as company? While it’s important to be in control of your tax risks and to take advantage of tax opportunities, it’s also important to ensure that you are compliant with current tax legislation and regulations on sustainability. Developments are rapidly taking place in the field of tax sustainability, not only at the national level but also at the European and even at the global level.