Building Public Trust 2010
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For the FTSE 100 & 250

Tax Reporting

The most transparent and understandable disclosure of corporate tax numbers, tax strategy and tax risk management policy, wider tax contribution (eg. employer related taxes) and economic impact, and how tax fits within the company's overall approach to corporate responsibility.

This new award recognises tax as a key factor in delivering shareholder value and managing reputational risk, and that companies tax strategies and disclosures are coming under increasing scrutiny from shareholders, revenue authorities and wider public interest groups.