How fair is the @fairtaxmark? Maya asks some interesting questions. My experience is that perceived subjectivity deters many from participating.https://twitter.com/mforstater/status/971372191391547392 …
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Replying to @DanNeidle @FairTaxMark
An issue I have heard MNCs raise is the risk of having the FTM taken away due to a future change in criteria. The concern was that the negative impact of losing the FTM would outweigh any potential benefit of obtaining it in the first place.
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Replying to @hselftax @DanNeidle
Heather, smaller business have had the same concern and so we have undertaken that as and when we look to update standards we will give two years notice and operate transitional arrangements, as the likes of GRI have done in the past ^PM
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@PaulJMonaghan - can you comment on the directors' loans question? Where does FTM see it in terms of the tax avoidance/fair tax/boring tax planning spectrum?1 reply 1 retweet 2 likes -
Replying to @MForstater @FairTaxMark and
Hi Paul. You commented over the weekend on the tax affairs of a coffee company FTM has not certified, can you comment on this question on a company that has been? -- helpful to clarify what the substantive criteria for 'ok' and 'not ok' is for FTM.
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No thanks Maya. Am doing my best not to engage with polemics right now. Life"s too short
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It's a question not a polemic. Seems like a reasonable question for
@FairTaxMark to have a view on. It must have come up in the certification process for@AMTCoffee? Or Technical Committee?@alexcobham @_DavidQuentin@RichardJMurphy1 reply 0 retweets 2 likes -
Replying to @MForstater @hselftax and
It's a question from a polemicist - someone who regularly rips into NGOs on governance, but has little to say on what's emerging at the IoD. Someone who has the time to critique contributions of the third sector but rarely comments on the misdemenours of the Big Four.
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Paul: For FTM to be a meaningful labelling scheme it needs to be transparent & robust about its claims, its criteria and how they are applied. "Who's asking?" is not a credible answer to a reasonable question.
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