Starbucks has gone to great pains to boost its corporate social responsibility (CSR) credentials by trumpeting fair trade products and environmentally sustainable practices, but after a scandal over the amount of tax it pays in the UK sullied its reputation, other companies may look to avoid its mistake by placing tax at the heart of their CSR agendas.
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Scott Bessent reportedly felt undermined by Musk naming Gary Shapley as acting IRS commissioner; in other news, Baker Tilly will combine with a top 15 US firm
Despite garnering significant revenues from multinationals, Italy’s digital services tax presents pressing double taxation issues, say Stefano Simontacchi and Francesco Saverio Scandone of BonelliErede