Responsible tax

With volatility increasingly becoming the new normal, tax systems are under pressure to be more resilient, predictable and aligned with wider public policy goals.

The side-by-side approach to Pillar Two has introduced some much-needed stability, but the lack of consistency around the world will have implications as implementation continues.

As automation accelerates, and labor and capital are rebalanced, tax has a key role to play in meeting social and business goals.

This UK-themed edition of the program discussed how tax policy, mobility and wider public policy shape the UK’s competitiveness in an era of heightened global contestation.

With the increasing use of incentives in industrial and political policy, what does an effective, transparent and legitimate incentive policy look like?

As international cooperation comes under increasing strain from recalibrated US policy, questions around how we govern across borders are becoming more urgent and complex.

The direction of the government’s economic focus is shaping global tax policy and impacting business strategy.

Long seen as tools of trade policy, tariffs are now being used to pursue broader goals, including national security, industrial strategy and geopolitical positioning.

The role of independent fiscal institutions has come into sharper focus, as countries navigate the dual pressures of rising public debt and demands for investment.

As governments around the world integrate AI technologies into their tax systems, it's essential to examine how these tools can be developed and deployed responsibly.

Responsible tax faces a range of challenges and opportunities, from the fracturing of global multilateralism to the growing demands on tax systems to support green transitions and technological change. 

This is a collection of interviews with some of the key stakeholders who have been part of the KPMG Responsible Tax Program over the last 10 years as they explore diverse perspectives on complex tax challenges.