Corporate Taxes Increasingly Seen as Social Obligation

Investors interested in how companies meet environmental, social, and governance (ESG) standards are also becoming increasingly interested in where—and whether—a company is paying tax. Witold Henisz, a professor at the University of Pennsylvania's Wharton School and founder of the ESG Analytics Lab, argues that tax payments are a critical indicator of a company's broader social impact, and should be factored in to ESG conversations. On this week's episode of our podcast, Talking Tax, Henisz talks to reporter David Hood about how investors are turning to local disclosures to assemble "bespoke data" showing a company's tax burden and payments and why companies will likely face mounting pressure to disclose that type of information. Listen to the episode here. Have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.