Corporate Social Responsibility and Taxation: A Chance to Develop the Theory

Abstract

With increased technology and access to information, corporations have evolved in order to reflect the concept of corporate social responsibility (CSR) in their global business strategies. Some companies, such as Starbucks Corporation, have taken this concept a step further and chose to voluntarily pay additional taxes in order to appease the public. This article discusses some of the conclusions and further steps that should be taken with regards to CSR and initiatives of responsible tax planning, in order to improve harmful tax practices.

Keywords: Tax, Corporate Tax, Tax Policy, International Tax, Corporate Social Responsibility, CSR, ESG

JEL Classification: K3, K30, K34, M1, M10, M14