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 2025

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

As World Tax unveils its much-anticipated rankings for 2026, we focus on EMEA’s top performers in the first of three regional analyses
Firms are spending serious money to expand their tax advisory practices internationally – this proves that the tax practice is no mere sideshow
The controversial deal would ‘preserve the gains achieved under pillar two’, the OECD said; in other news, HMRC outlined its approach to dealing with ‘harmful’ tax advisers
Former EY and Deloitte tax specialists will staff the new operation, which provides the firm with new offices in Tokyo and Osaka
TP is a growing priority for West and Central African tax authorities, writes Winnie Maliko, but enforcement remains inconsistent, and data limitations persist
The UK tax agency has appointed six independent industry specialists to the panel
The two tax partners have significant experience and expertise in transactional and tax structuring matters
Katie Leah’s arrival marks a significant step in Skadden’s ambition to build a specialised, 10-partner London tax team by 2030, the firm’s European tax head tells ITR
Increasingly, clients are looking for different advisers to the established players, Ryan’s president for European and Asia Pacific operations tells ITR
Using tax to enhance its standing as a funds location is behind Luxembourg’s measures aimed at clarifying ATAD 2 and making its carried interest regime more attractive
Gift this article