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GRI Standards Tax

GRI 207: Tax 2019 - Global Reporting Initiativ

GRI 207: Tax 2019 3 A. Overview This Standard is part of the set of GRI Sustainability Reporting Standards (GRI Standards). The Standards are designed to be used by organizations to report about their impacts on the economy, the environment, and society. The GRI Standards are structured as a set of interrelated, modular standards. The full set can b It is the first global reporting standard to combine management approach disclosures on tax strategy, with public country-by-country reporting of business activities, revenues, profit and tax. GRI 207 helps organizations be more transparent by using a framework for reporting that is developed in the public interest and follows international best practice It is part of the GRI Standards and is the first global reporting standard that supports public disclosure of a company's business activities and tax payments on a country-by-country basis. GRI 207: 2019 is available immediately for download (see related documents below) and came into effect 1 January 2021 05 dec 2019. Global Reporting Initiatvive (GRI) publicerade i dag sin nya standard GRI 207: Tax 2019. Enligt FN spelar skatter en viktig roll för att uppnå målen för hållbar utveckling och är en nyckelmekanism genom vilken multinationella företag bidrar till ekonomierna i de länder där de verkar

The GRI Tax Standard is therefore specifically intended to support public reporting of a company's business activities and payments within tax jurisdictions, as well as their approach to tax strategy and governance. The Standard is effective for reports published on or after 1 January 2021 The Global Reporting Initiative (GRI) has published the first global standard for tax disclosure reporting at the country-by-country level (GRI 207). The release of the global standard in December is the latest in a series of jurisdictional and industry specific tax reporting standards released in recent years. At first glance, GRI 207 is all-encompassing, capturing the most topical categories of public concern Från och med nästa år ska en ny standard och riktlinjer för skattefrågor tillämpas på hållbarhetsrapporter. Trots att rapporteringen ställer större krav på företag öppnar det också upp för mer transparens kring skattefrågor. Så här ser den nya standarden GRI 207: Tax 2019 ut The global standards for sustainability reporting . The GRI Standards create a common language for organizations - large or small, private or public - to report on their sustainability impacts in a consistent and credible way. This enhances global comparability and enables organizations to be transparent and accountable

This linkage document shows how the GRI Standards can be used to comply with all aspects of the European Directive on the disclosure of non-financial and diversity information. Korsreferens GRI och ISO 26000. GRI G4 Guidelines and ISO 26000:2010 How to use the GRI G4 Guidelines and ISO 26000 in conjunction The GRI Standards, developed by the Global Reporting Initiative (GRI), are the first global standards for sustainability reporting. They feature a modular, interrelated structure, and represent the global best practice for reporting on a range of economic, environmental and social impacts

GRI Standards har nu lanserat ett första utkast på en ny standard avseende Skatt och Betalningar till Regeringar (Tax and Payments to Governments). Det här är GRI:s första standard kopplat till skatt och syftar till att bidra till ökad transparens kring hur och var organisationer betalar skatt. Skatteflykt är ett enormt samhällsproblem Do you want to notify GRI of your published GRI Standards based report? Then you can do so here. Latest reports added to the Database. Non financial statement 2018 GRI - Standards In accordance - Core. ERG (Gruppo ERG) Non financial statement 2018 2019 GRI - Standards In accordance - Core The Global Reporting Initiative (GRI) Tax Standard is the first global standard for comprehensive tax disclosure at the country-by-country level. It supports public reporting of a company's.. The GRI Sustainability Reporting Standards are designed to help communicate about an organization's impacts on the economy, the environment, and society. The GRI Standards are developed through a . transparent, multi-stakeholder . process, following the Due Process of the Global Sustainability Standards Board (GSSB) - GRI's independent standard-setting body. GRI On December 5, 2019 GRI announced the first global standard for tax transparency— GRI 207: Tax 2019. It was approved by the Global Sustainability Standards Board (GSSB) in September 2019. The GRI..

Topic Standard Project for Tax - Global Reporting Initiativ

GRI Standards. This report has been prepared to explain the CSR initiatives of the Mitsubishi Electric Group to achieve a sustainable society in accordance with the Global Reporting Initiative For each tax jurisdiction reported in Disclosure 207-4-a: i. Names of the resident entities; ii The Global Reporting Initiative (GRI) Tax Standard is the first global standard for comprehensive tax disclosure at the country-by-country level. It supports public reporting of a company's business activities and payments within tax jurisdictions, as well as their approach to tax strategy and governance Der GRI Standard 207 Tax wurde im Dezember 2019 veröffentlicht. Er gehört zum Bereich ökonomische Auswirkungen, in dem es um den Einfluss einer unternehmerischen Tätigkeit auf die wirtschaftlichen Bedingungen in der Gesellschaft geht The revised 2-page Reference Sheet is a simplified version of the 500+ pages of the GRI Standard. It gives you a great and user-friendly overview of the Standards. This version includes the newly added GRI Tax Standard (GRI 207: Tax 2019) In order to help companies report transparently and evenly on their tax strategy and payments, the Global Sustainability Standards Board (GSSB) of GRI has been developing a reporting standard that focuses on tax payments. The standard was published in December 2019. What disclosures are reporting organizations required to make

Background: GRI Standards & Public Country by Country Reporting The Global Reporting Initiative (GRI) has introduced a proposal for tax and payments to governments for multinationals as part of new reporting standard. The public comment period ends on 15 March 2019 and multinational companies are likely to lobby heavily against thi The first global sustainability standard for public country-by-country reporting on tax. Learn more: http://bit.ly/GRI207_Ta GRI Standards are produced in accordance with these, and other, series. GRI Standards are structured in a set of interrelated modules, that can be referenced and used together. There are three core modules, known as GRI's 100 series About the GRI Standards The first global Standards for sustainability reporting were developed by the Global Sustainability Standards Board (GSSB) and launched in October 2016 by GRI. These latest reporting Standards have been designed with a modular structure so that they can be kept up-to-date and relevant as required. The GRI Standards wil

Ny GRI standard - GRI 207: Tax 2019 - Kanto

Sustainability (reporting) and tax - KPMG Switzerlan

It was against this backdrop that GRI started the process in 2017 that led to the launch this month of a global standard for tax reporting. It will, for the first time, support comprehensive, public, country-by-country disclosure of corporate tax payments. The Tax Standard has not been created in a vacuum US Senate Endorses The GRI Tax Standard. One notable submission, signed by 33 lawmakers from the United States Congress and Senate, endorsed the new Tax Standard (GRI 207) by calling on the OECD to ensure reporting is 'aligned with the Global Reporting Initiative.' Quoting from this submission

First global tax reporting standard at CbC level - KPMG

GRI, som är en förkortning av Global Reporting Initiative, har tagit fram riktlinjer för att redovisa organisationers hållbarhetsarbete på ett jämförbart och strukturerat sätt. I Sverige rapporterar alla statliga och många privata bolag sitt hållbarhetsarbete enligt GRI. Mer information hittar du på GRI:s webbplats The Global Reporting Initiative is an international independent standards organization that helps businesses, governments and other organizations understand and communicate their impacts on issues such as climate change, human rights and corruption. GRI Founded1997 Boston, United States TypeNon-governmental organization PurposeSustainability reporting HeadquartersAmsterdam, Netherlands Region served Worldwide Chief Executive Tim Mohin Deputy Chief Executive NA Chief Operating Officer Peter West

Ny skattestandard tar plats i hållbarhetsrapporteringe

In 2018, the GRI updated two standards, the GRI 303: Water and Effluents 2018 and the GRI 403: Occupational Health and Safety 2018. In December 2019, the GRI 207: Tax 2019 was published, the first global reporting standard for tax transparency, Effective January 1, 2021 , companies that identify any of these topics as material must adhere to the three updated and new standards in their sustainability reporting A new draft Standard on tax and payments to governments was published today by the GRI, the global standard setter for sustainability reporting. This is the first global standard designed to help organisations understand and communicate the impact of their tax strategies on the economies and societies they operate in using country by country reporting techniques GRI's new tax disclosure standard is a vital contribution to address stakeholders' demand for corporate tax transparency. Accountancy Europe stands for transparency and trust: we therefore commend GRI for pioneering reporting in this sensitive area with great balance and for providing a global, meaningful and practical format for companies that choose to explain how they handle their.

Standards - Global Reporting Initiativ

  1. 3 Topic Specific GRI Standards effective from January 2021. Let's look at the 3topic specific GRI standards which are going to be effective from January 2021. GRI 207: Tax 2019-Economic Series. At present as per the GRI standard, there are six topic specific standards under Economic Series. However, GRI sets out reporting requirement on the.
  2. GRI tax standard to give asset managers a starker choice In early December 2019 the Global Reporting Initiative launched a new sustainability reporting standard called GRI 207. It asks companies to provide detailed information about their income tax payments
  3. Specifically, in December 2019 the Global Reporting Initiative (GRI), more commonly known for crafting guidelines for environmental, social and governance reporting, released GRI 207: Tax 2019. The new GRI standard goes beyond BEPS, suggesting much more disclosure in a variety of areas, and is considered to be the first global reporting standard to combine disclosures on management's approach to tax strategy with public country-by-country reporting of business activities, revenues, profit.
  4. GRI är en oberoende internationell organisation som har utvecklat verktyg och ramverk för hållbarhetsrapportering sedan 1997. Den senaste versionen GRI Standards, introducerades 2016, med senaste uppdatering 2021. Global Reporting Initiatives hemsida hittar du här: www.globalreporting.or
  5. GRI Proposes New Standard on Corporate Tax Reporting. Words by Amy Brown. Jan 07, 2019. Recent tax-related scandals such as the release of the Panama Papers and Paradise Papers have led to a.

GRI Hållbarhetsrapport - allt du behöver veta! - KPMG Sverig

Neben universellen Standards gibt es auch themenspezifische Richtlinien zu Einzelbereichen, die im Unternehmen als wesentlich identifiziert werden. Mit dem GRI 207 existiert erstmals auch ein spezifischer Standard für die steuerliche Transparenzberichterstattung. GRI 207 ist für am oder nach dem 1. Januar 2021 veröffentlichte Berichte. The Global Reporting Initiative (GRI) and the UN Global Compact Under the terms of a Memorandum of Understanding signed in 2010, the UN Global Compact adopted the GRI Standards as the recommended reporting framework for companies to communicate on progress made. This was the beginning of a historic alliance We have compiled the FY2019 Report with reference to the principles of the Global Reporting Initiative (GRI) Index Sustainability Reporting Standards. We defined the content of this document using a materiality assessment that covered the entire JT Group. The Index below includes the location of and additional information pertaining to the. The GRI content index, which specifies each of the GRI Standards used and lists all disclosures included in the report. For each disclosure, the content index shall include: the approach to tax risks, including how risks are identified, managed, and monitored

2020 Updates to the GRI Standards CSR-in-Actio

based on the Global Reporting Initiative (GRI) Standards. In our opinion, our reporting is generally corresponding to GRI's reporting principles and the report has been prepared in accordance with the GRI Standards: Core option. In accordance with GRI Standards, a materiality assessment has been carried out to identify the issues o GRI developed the 34 topic-specific standards so it can update individual standards as opposed to the entire reporting system. This structure allows GRI to incorporate emerging ESG topics and metrics, such as tax transparency or the circular economy, without a complete reconfiguration

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Ny GRI Standard på ingång! - Skatt och Betalningar till

  1. GRI Content Index This content index accompanies our Creating Shared Value Progress Report 2019 and has been prepared in accordance with the GRI Standards: Comprehensive option of the 2016 Global Reporting Initiative's (GRI) Standards. The data in this report relates to the fiscal year ending December 31, 2019, unless otherwise stated
  2. GRI's recently launched Tax Standard has an role here, providing companies with a globally applicable tool for country-by-country reporting on tax. Achieving the SDGs can present great business opportunities, but the opposite is also true
  3. Public information on tax and payments to governments by companies is often difficult to find and understand. But there has been a growing call for tax transparency around the world. Stakeholders including investors, governments, civil society organizations, media, and the public, are asking for more corporate reporting on tax. To respond to this call for GRI: Draft of the first global.
  4. GRI 207: Tax 2019 is the first global reporting standard to combine management approach disclosures on tax strategy with public country-by-country reporting of business activities, revenues, profit and tax. It is freely available to be used by any organization
  5. The Sustainability Report 2020 has been prepared in accordance with the GRI Standards: Core option. 102-55 GRI content index: The GRI content index, which specifies each of the GRI Standards used and lists all disclosures included in the report. For each disclosure, the content index shall include: the number of the disclosure (for disclosures.
  6. AMSTERDAM, the Netherlands, Dec. 05, 2019 -- The launch of a new tax reporting standard that seeks to ensure multinationals are much clearer about how much - and where - they pay..

SDD - GRI Databas

The latest demonstration is the organization's launch last week of the GRI Tax Standard, a first-of-its-kind framework for encouraging multinational organizations to report not just how much tax they pay but also the jurisdictions that receive that money The GRI issued a standard on Tax (GRI 207) in 2019, which contains a requirement for public CbCR (Tax 207-4) and is effective from January 2021. • In February 2020, US mem ber of Congress Cindy Axne (IA -03) proposed new legislation (H.R 5933, The Disclosure o GRI 207: TAX 2019 - Public CbC Entscheidet sich ein Konzern grds. zur Anwendung der GRI Standards und qualifiziert das Thema Ertragssteuern als wesentlich im Bereich der Auswirkungen des Unternehmenshandelns, so sind die Regelungen des neuen Indikators vollumfänglich zu beachten One notable submission, signed by 33 lawmakers from the United States Congress and Senate, endorsed the new Tax Standard (GRI 207) by calling on the OECD to ensure reporting is 'aligned with the Global Reporting Initiative.' Quoting from this submission

Sustainability standard setter, Global Reporting Initiative (GRI), has issued its first global standard for public reporting on tax, GRI 207: Tax 2019, setting out requirements for greater levels of tax transparency reporting and is calling on global businesses to use the framework to provide detailed public information about their tax practices New topic Standards on Tax, OHS and Water to be used for reporting Companies disclosing their impacts through the world's most widely used sustainability reporting standards are to adhere to three new and updated standards, for reports they publish from this year onward. In 2018, two revised GRI Standards launched - for occupational health an Amsterdam, 5 December 2019 - The launch of a new tax reporting standard that seeks to ensure multinationals are much clearer about how much - and where - they pay their taxes has received widespread international support.. The GRI Tax Standard is the first global standard for comprehensive tax disclosure at the country-by-country level. It supports public reporting of a company's. Overview of the GRI Standards, and GRI 207: Tax • Three universal Standards, applicable to all organizations. • 33 topic-specific Standards, organized into Economic, Environmental, and Social series. • Organizations select and use only the relevant topic-specific Standards, based on their material topics

Beyond mandating public disclosure, we also encourage the Inclusive Framework's member nations to adjust BEPS Action 13 to align it with the new tax transparency standard created by GRI. 6 The new GRI standard was negotiated with a diverse set of constituencies — including representatives from major multinational corporations, investment firms, accounting firms, academia, and non. TAX GRI 207 : Tax - 2019 207-1 Fiscal Policy 4.3.4.6 Relations with governments and local authorities Note 8 Income Taxes 148 206 207-2 Tax strategy governance, control and risk management 2.2.4 Risk management framework 4.3.4.6 Relations with governments and local authorities 45 148 GRI 300: ENVIRONMENTAL STANDARDS GRI 103 : Management.

The GRI Standards are used by more than 600 companies with US headquarters—which is one of our largest rates of adoption in the world. The information created using the GRI Standards is the dominant source of ESG data used by analysts, investors, asset owners and capital markets in the US and around the world. In the United States, 78% of the. In 2018, two revised GRI Standards launched - for occupational health and safety, and water and effluents. In December 2019, the first global standard for tax transparency published. Effective from 1 January, companies identifying any of these topics as material are now to apply the new Standards. GRI 207: Tax 201 In their public consultation, which closed on 6 March, 21 of the 78 responses referred to the GRI Tax Standard in pressing for changes to make disclosures publicly available. One notable submission, signed by 33 lawmakers from the United States Congress and Senate, endorsed the new Tax Standard (GRI 207) by calling on the OECD to ensure reporting is 'aligned with the Global Reporting.

Ab wann sind die aktuellen GRI-Standards verbindlich? Die GRI-Standards sind im Oktober 2016 in englischer Sprache von der GRI veröffentlicht worden. Während der Übergangsphase können die Vorgängerversion G4 oder die GRI-Standards genutzt werden. Am 1. Juli 2018 verliert G4 seine Gültigkeit The Global Sustainability Standards Board ('GSSB') approved the new standard, GRI 207: Tax 2019 in September 2019. Vodafone Group Plc, our majority shareholder, was a member of the technical committee tasked with the development of the new standard for disclosures related to tax and payments to governments

GRI Sustainability Reporting Standards (GRI Standards) AGL's 2019 Annual Report has been prepared in accordance with the GRI Standards: Core option. The GRI Standards are designed to be used by organisations to report about their impacts on the economy, the environment and/or society Das berichtende Unternehmen muss in allen veröffentlichten Materialien mit einer vorgegebenen Anwendungserklärung angeben welche GRI-Standards genutzt wurden und die GRI entsprechend informieren (siehe GRI 101). Dies stellt Transparenz darüber sicher, wie die Standards verwendet werden. Die deutsche Version der GRI-Standards befindet sich hier GRI's Tax Standard can address global requirements for transparency Political momentum to require large companies to publicly provide country-by-country reporting (CBCR) on tax is increasing, on both sides of the Atlantic, with a series of significant developments last week: In a breakthrough moment, broad majority support was reached among EU ministers in a session of th

The latest global standard published on 5 December 2019, focuses on Tax. It's referred to as Disclosure 207 GRI 207: Tax and comes into effect for reports or other materials published on or after 1 January 2021, though earlier adoption is encouraged. GRI 207 comprises 2 overarching disclosures: Management approach disclosure In a new standard it is calling for improved disclosure of corporate tax strategy, explanation of the reasons why the tax charge in financial accounts falls short of statutory headline tax rates, and country-by-country reporting of business activities, revenues, profits and tax. This GRI standard is being launched at the Stock Exchange today and I will be there GRI 407: Freedom of Association and Collective Bargaining 2016 407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at ris

GRI launch the first global standard for tax transparenc

The FAQs, issued on August 20, 2020, are specifically for organizations in the U.S. that follow GRI standards and certified public accountants (CPAs) performing assurance engagements under the AICPA's professional standards. GRI is the first organization that produced global standards for sustainability reporting. The standards represent best practice for reporting on a range of economic, environmental, and social impacts. The AICPA and the GRI came up with the FAQs in part because there. GRI lanserar standard för hållbarhets­redovisning. Den 19 oktober lanserades GRI Standards - en uppdatering av GRI G4 som är världens mest spridda riktlinjer för hållbarhetsredovisning. Företag som idag redovisar enligt GRI G4 måste ha gått över till GRI Standards senast 1 juli 2018. Innehållsmässigt innebär GRI Standards inga större skillnader. Hållbarhetsredovisningen utgår från Global Reporting Initiatives riktlinjer, GRI Sustainability Reporting Standards Core nivå, inklusive det branschspecifika tillägget Finansiella tjänster (FS). Avgränsningarna är angivna i nedanstående tabell. Tabellen ger också referenser med hänvisning till var respektive upplysning finns redovisad

Vi erbjuder även utbildningar inom GRI Standards och hållbarhetsredovisning enligt hållbarhetskraven i ÅRL. Läs mer här. Granskning av hållbarhetsredovisning. Vi är en av få aktörer i Sverige som genomför icke-finansiella revisoner av hållbarhetsredovisningar i enlighet med den internationella standarden AA1000AS(2008) Overview. The Global Reporting Initiative (GRI) is a non-profit organisation that works towards a sustainable global economy by providing sustainability reporting guidance. It pioneered and developed a comprehensive Sustainability Reporting Framework that is widely used around the world and has enabled organisations to measure and report their. GRI CONTENT INDEX This 2018 GRI index and report, prepared in accordance with GRI Standards comprehensive option, supplements our 2018 Corporate Responsibility Report (for fiscal year 2018) GRI Standard Disclosure URL and/or pages number Omission GRI General Disclosures GRI 102: General Disclosures 201 The new Standard GRI 207: Tax 2019 will come into effect on 1 January 2021. In 2017, GRI's independent standard-setting body, initiated a project to develop new disclosures related to tax and payments to governments, which will be considered for incorporation into the GRI Standards

Alex Cobham on Twitter: "Here is the earlier keynote

The Time Has Come For Tax Reporting Transparency—Thank You

  1. We engaged Deloitte & Touche LLP to conduct a review, in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA), to provide a limited level of assurance on management's assertion over the sustainability disclosures in the 2019 GRI Content Index, as well as a reasonable level of assurance on our Statement of Greenhouse Gas Emissions.
  2. Global reporting initiatives, GRI:s vägledning för hållbarhetsredovisning version 3 finns nu på svenska. Översättningen kan man hitta på organisationens hemsida www.globalreporting.org. GRI har
  3. GRI's Tax Standard challenges this status quo by outlining clear best practice for disclosure. I believe more companies will join other responsible leaders and demonstrate how they're meeting.
  4. To respond to this call for transparency, the Global Sustainability Standards Board (GSSB) appointed a multi-stakeholder Technical Committee of experts to develop the first global disclosures on tax and payments to governments. The Committee began its work to develop a draft GRI Standard on Tax and Payments to Governments in January 2018
  5. In their public consultation, which closed on 6 March 2020, 21 of the 78 responses referred to the GRI Tax Standard in pressing for changes to make disclosures publicly available. One submission, signed by 33 lawmakers from the US Congress and Senate, endorsed the new Tax Standard (GRI 207) by calling on the OECD to ensure reporting is 'aligned with the Global Reporting Initiative.

GRI Standards Guideline comparison tables CSR

  1. Decisions about standard setting, content of standards, and their interpretation are the sole responsibility of the independent standards-setting functions, which rest with the Global Sustainability Standards Board on behalf of GRI, and of the SASB Standards Board. GRI and SASB both provide compatible standards for sustainability reporting, but the groups pointed out that they're designed to fulfill different purposes and are based on different approaches to materiality
  2. The Committee began its work to develop a draft GRI Standard on Tax and Payments to Governments in January 2018. The draft is now available for review and public comment. Tax and payments to governments are a key mechanism by which organizations contribute to the economies of the countries in which they operate
  3. Greenhouse Gas Emissions, Pollutant Emissions and Refrigerants GHG emissions reduced as a direct result of reduction initiatives: · Scope 1: 20,422 CO 2 e · Scope 2: 4,224 CO 2 e Gases included in the calculation: CO 2, CH4, N 2 O Base year or baseline: 2013 Scopes in which reductions took place: Scope 1 and Scope 2 Standards, methodologies, assumptions and/or calculation tools used: GRI 205.
  4. draft GRI Standards on tax transparency. The form for comments, including the draft GRI standards, is 34 pages long, but there are only a limited number of questions that need to be answered. The five reporting requirements are on pages 12, 14, 17, 21 and 23
  5. GRI's Tax Standard is the first global sustainability standard for public country-by-country reporting on tax and enables organisations to better understand and communicate information about their tax practices publicly. Through public reporting on tax, governments can ensure organisations are contributing to building resilient economies and to.
  6. Page 2 of 28 Background 25 The GSSB initiated a project to develop new disclosures related to tax and payments to governments, 26 which will be considered for incorporation into the GRI Standards. In line with the GSSB's Due 27 Process Protocol , a multi-stakeholder Technical Committee (hereafter ' TC ') has been formed to 28 develop and recommend draft disclosures related to tax and payments to government

Der GRI 207 Standard „Tax - KPMG Deutschlan

GRI's Tax Standard is the first global sustainability standard for public country-by-country reporting on tax. It enables organisations to better understand and communicate information about their tax practices publicly . Through public reporting on tax, governments can ensure organisa GRI Standards ersätter GRI G4 som fasas ut till 1 juli 2018. Global Reporting Index - GRI - är sedan länge det vedertagna ramverket för hållbarhetsredovisning inom såväl näringslivet som offentlig och ideell sektor. GRI har utvecklats under mer än 15 år och kommit ut i fyra upplagor där GRI G4 är den senaste the GRI Sustainability Reporting Standards (GRI Standards). Our reporting is prepared in accordance with the GRI Standards: Core option. This means that our reporting covers all the General Disclosures, as well as the Topic-specific Standards we deem material. In this online GRI Content Index, we list our disclosures with reference to the GRI

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Global Reporting Initiative (GRI) is an independent, international organization that helps businesses and other organizations take responsibility for their Three new GRI Standards for Sustainability Reporting Come. Global Reporting Initiative (GRI) Standards Certified Training Course Date: 25 thand 26 October 2018 (Thursday and Friday) Time: 8.30am to 5.30pm Venue: Aloft Kuala Lumpur Sentral, No 5, Jalan Stesen Sentral, 50470 Kuala Lumpu KUALA LUMPUR: The Global Reporting Initiative (GRI) has launched a new tax reporting standard that seeks to ensure multinationals are much clearer about how much - and where - they pay their taxes, and this has won widespread international support. The GRI Tax Standard is the first global standard for comprehensive tax disclosure at the country-by-country level, supporting public reporting.

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