Independent advertising agency and creative company, Mother has been awarded the Fair Tax Mark by the Fair Tax Foundation and becomes the first global advertising agency to secure accreditation to the gold standard of responsible tax conduct.
The Fair Tax Mark accreditation scheme was launched in February 2014 and seeks to encourage and recognize organizations that pay the right amount of corporation tax at the right time and in the right place. Tax contributions are a key part of the wider social and economic contribution made by business, helping the communities in which they operate to deliver valuable public services and build the infrastructure that paves the way for growth.
As part of the accreditation process, Mother publicly demonstrated its commitment to responsible tax conduct and against artificial tax planning. It has published a broad range of data on a country-by-country basis for each jurisdiction the group operates within and confirms the tax residencies of each subsidiary within the group.
Mother also incorporated additional voluntary disclosures within its audited accounts, highlighting the group’s commitment to transparency.
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Rollo Price, Chief Finance Officer at Mother, commented: “Mother has always paid its fair share, and being a responsible citizen is very much at the heart of our overall mission to Make Our Children Proud. As an independent company with operations in the U.K., Europe, US and Asia, it’s important to us that we pay our way and contribute to where we do business.”
The Fair Tax Mark accreditation scheme seeks to encourage and recognize organizations that pay the right amount of corporation tax, at the right time and place. Tax contributions are vital to businesses’ broader social and economic contributions. Accredited companies include listed PLCs, co-operatives, social enterprises and large private firms.
Graham Drummond, Head of Communications, Fair Tax Foundation, said: “We’re very pleased to welcome Mother to the Fair Tax Mark family of businesses. Through its creative campaigns, it has often stood up for important issues, and Mother now joins the fight for a fairer economy. Tax contributions help fund the public services we rely on, and Mother rightly takes pride in giving back to society by paying the right amount, in the right place, at the right time.”
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