The challenge of upholding a company’s mission while maximizing revenue can be a daunting one from an ethics perspective. How do you go about drawing a moral and ethical line in the sand when it comes to taxation matters? Are there provisions outside the realm of tax evasion or fraud that can be used legally and conscientiously to reduce the amount of money a business owes to the government?
These were the famous words uttered by Margaret Eve Hodge just over a decade ago, in her role as chair of the Public Accounts Committee in the U.K., as she took a stand against the tax avoidance practices of the likes of Starbucks and Amazon. How ethics and tax planning intertwine has since been the subject of many multifaceted public discussions and attention-grabbing media headlines.
On June 14, 2023, Executive Education HEC Montréal hosted a conversation with two Quebec tax experts — Lyne Latulippe, Professor, Département de fiscalité, Université de Sherbrooke, and Brigitte Alepin, Professor, Département des sciences comptables, Université du Québec en Outaouais. The event entitled Ethics and Corporate Taxation: Implications for Society was moderated by Robert Gagné, Professor, Department of Applied Economics, HEC Montréal.