Tax Policy Statement
At Browne Tax & Advisory SPC, we believe that businesses have a responsibility to contribute their fair share of taxes to support a healthy society and fund governments that support positive activities in our communities. we are committed to upholding ethical and responsible tax practices that align with the values of the B Corp Certification. Our tax philosophy is based on the following principles:
Contribution to Society: We recognize that businesses create value beyond the taxes they pay. They provide employment opportunities, support economic growth, and contribute to the overall well-being of communities. We believe in the importance of businesses fulfilling their social contract by paying taxes that enable public expenditures and benefit society as a whole.
Compliance and Transparency: We are committed to complying with all relevant tax laws, regulations, and accounting principles. We promote transparency in our tax practices, providing clear and accurate information to tax authorities and clients. We strive to maintain a high level of integrity and openness in our engagements with governments and tax regulators.
Fairness and Equity: We support the principles of fairness and equity in taxation. We believe that taxes should be proportionate to the income generated by businesses and reflect their actual operations in each jurisdiction. We aim to ensure that the taxes paid over time by our clients accurately represent their income and operations, promoting a level playing field for all businesses.
Responsible Tax Advisory: As a tax advisory firm, we recognize our role in preventing tax avoidance and promoting responsible tax practices. We provide advice that aligns with our clients' actual income and operations over time. Our recommendations consider the legal requirements, ethical implications, and long-term sustainability of tax strategies.
Continuous Learning: We understand that tax laws and regulations are complex and subject to change. We commit to ongoing professional development and staying up-to-date with the latest developments in tax legislation. By continuously expanding our knowledge and expertise, we can provide valuable guidance to our clients while upholding the highest standards of tax practice.
By adhering to these principles, we aim to contribute positively to society, promote fairness in taxation, and assist our clients in navigating the complexities of the tax landscape. We are dedicated to maintaining the highest level of professionalism, integrity, and social responsibility in our tax services.