Fair Tax Mark

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Fair Tax Mark label, as trademarked The Fair Tax Mark for business colour (JPG, not transparent).jpg
Fair Tax Mark label, as trademarked

The Fair Tax Mark [1] [2] is an accreditation awarded by the Fair Tax Foundation Limited, [3] a not-for-profit community benefit society, incorporated 18 February 2014, company number IP032308. [4] It was developed developed by a collaboration of tax justice, corporate social responsibility and ethical consumerism experts. [5] [6]

A Fair Tax Mark certified business demonstrates a substantive commitment to responsible tax conduct, financial transparency and beneficial ownership disclosure. There must be a binding tax policy that explicitly shuns tax avoidance and the artificial use of tax havens, and no recent evidence of contradicting activities. [7]

The Tax Justice Network assisted in raising initial funding, and it is supported by a number of other organisations [8] including the Public and Commercial Services Union. [9]

Initially, the label was only available to companies head-quartered in the UK, but in 2021 the label became available globally with the launch of a new business standard for multinational enterprises, [10] with Vattenfall the first to be certified. [11]

Awardees

The first organisations to be accredited, in February 2014, were Midcounties Co-operative, The Phone Co-op and Unity Trust Bank. [12]

SSE plc [13] was the first FTSE100 company to achieve the mark. [2] [14]

At end 2024, Ethical Consumer reported that "there are over 250 organisations who have signed up" and that there were now "certified businesses in Denmark, Finland, Germany, Italy, the Netherlands, and Sweden." [15] Subsequently, Iberdrola became the first certified business in Spain. [16]

References

  1. ↑ Scott, Craig (20 February 2014). "Fair Tax Mark to reward tax justice". London: The Guardian . Retrieved 1 October 2017.
  2. 1 2 Houlder, Vanessa (2 February 2015). "Companies debate merits of 'fair tax' kitemarkFair Tax Mark to reward tax justice". London: Financial Times . Retrieved 1 October 2017.
  3. ↑ "Home". Fair Tax Foundation. Retrieved 2025-05-18.
  4. ↑ "Mutuals Public Register: Fair Tax Foundation Ltd". Mutuals Public Register. Retrieved 16 May 2025.
  5. ↑ "Fair Tax Foundation: About us". Fair Tax Foundation. Retrieved 2025-05-21.
  6. ↑ "The Fair Tax Mark". nesta. Retrieved 2025-05-21.
  7. ↑ "Fair Tax: British Beauty Council". britishbeautycouncil.com. Retrieved 2025-05-18.
  8. ↑ Shaxson, Nick (2014-02-20). "The Fair Tax Mark - coming to the UK". Tax Justice Network. Retrieved 2025-08-27.
  9. ↑ "Fair Tax Mark highlights good taxpayers". Public and Commercial Services Union. Archived from the original on 5 June 2016. Retrieved 22 January 2016.
  10. ↑ "Fair Tax Mark goes global with new standard". ITR. 2021-11-25. Retrieved 2025-05-16.
  11. ↑ "Governments left in dust as businesses opt for more transparency under new Fair Tax Mark global accreditation". Tax Justice Network. Retrieved 2025-05-16.
  12. ↑ "Fair Tax Mark scheme launches". economia. No. Feb 2014. ICAEW . Retrieved 10 July 2017.
  13. ↑ "BREAKTHROUGH FOR FAIR TAX CAMPAIGNERS AS SSE PLC BECOMES FIRST FTSE 100 COMPANY TO BE AWARDED FAIR TAX MARK". SSE. Retrieved 22 January 2016.
  14. ↑ Imman, Phillip (20 October 2014). "SSE becomes first FTSE 100 company to be awarded Fair Tax Mark". London: The Guardian . Retrieved 1 October 2017.
  15. ↑ "Fair Tax Foundation | Ethical Consumer". www.ethicalconsumer.org. 2018-05-30. Retrieved 2025-05-16.
  16. ↑ Press, Europa (2024-10-17). "Iberdrola, única empresa española en obtener el certificado 'Fair Tax' internacional". www.europapress.es. Retrieved 2025-05-18.
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