Tax policy is a part of reputation, says former Rio Tinto head of tax Chris Lenon

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Tax policy is a part of reputation, says former Rio Tinto head of tax Chris Lenon

chris-lenon-small.jpg

In an interview with Salman Shaheen, Chris Lenon, former head of tax at Rio Tinto, who chaired the Tax Committee of the Business and Industry Advisory Committee to the OECD until last year, says that companies must pay attention to their reputation when it comes to tax policy

Lenon says that business needs to examine its tax policies to see how they will be perceived by consumers and the government. – "Tax policy is a part of corporate reputation now," Lenon said.

Common arguments in defence of corporate tax avoidance is that it’s legal and that it doesn’t take into account a company’s total tax contribution to society, but Lenon is not convinced.

"I don’t think the “it’s legal” argument is very strong – after all the law can be changed. The question is: how is it perceived? Does the planning meet the “spirit of the law”?," he said. "Total tax contribution is important, but I think that tax policy is also now important. Contribution alone may not be enough - look at how Starbucks is perceived."

Lenon believes there is an increasing appetite among multinational corporate tax directors to engage in the ethical issues of taxation such as tax justice.

"I don’t think that tax directors have a choice however reluctant or uncomfortable they may feel," Lenon said.  "Tax has become a major media story and companies need to be able to explain their tax policy and practice in a way which non tax experts and the public can understand."

 

Read the full interview on ITRPREMIUM

more across site & shared bottom lb ros

More from across our site

New research, which suggests LLMs can silently corrupt complex documents, should alert tax and legal teams relying on AI to handle iterative drafting and compliance workflows
Maintaining increased funding for HMRC is a ‘high possibility’ if he becomes PM, ITR has also heard
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2026 Europe Tax Awards
The firm has hired a team of private client lawyers from Withers to launch in New York and Connecticut, though ITR analysis suggests it faces stiff competition
The ability of tax authorities to receive and analyse data is becoming ‘quite advanced’, warns Stuart Lang, head of EY’s compliance co-sourcing solution
The Court of Appeal ruling clarifies that treaty benefits are not abusive where transactions are commercially driven, providing greater certainty on “main purpose” anti-avoidance tests
Despite the Netherlands featuring an unusual concentration of World Tax-ranked technology-led providers, sources believe there’s a long way to go to challenge the established players
Ethics seems to be playing a subservient role to an entitlement culture borne out of a pervasive ‘revenue at all costs’ mentality at the big four
Historical World Tax data suggests the ‘largest law firm merger in history’ may not pose a serious threat to the world's leading tax practices
The repeal of Libya’s statute of limitations and tougher enforcement leave taxpayers navigating a high-stakes choice between conciliation and litigation
Gift this article