What is ESG Tax Reporting?
The onset of ESG is transforming the way companies perceive
taxation. Tax is no longer a matter of basic compliance but is
permeating corporate governance policies. ESG measures a broad
range of corporate behaviour, including how a company is run,
managed, financed, and what policies, including tax planning
policies, it has in place.
While some jurisdictions are more stringent in implementing hard
laws on ESG, not all countries are following suit. There exists a
plethora of voluntary standards and reporting systems which are
available to companies with a forward-looking, ESG-centric
gaze.
This article provides a brief overview of mandatory-to-be and
voluntary ESG Tax reporting requirements in Malta.
