Global policy on taxation of companies: principles and practices

This paper outlines ACCA’s policy on the taxation of businesses, especially multinational corporations. It outlines the general context for issues of corporate tax behaviour, the relevant principles underpinning the design of tax systems, and taxpayers’ responses to them.


Company taxation is an area where, thanks to its engagement with employers and businesses, ACCA can make a distinctive and constructive contribution to the creation of global principles for better taxation that supports enterprise.

Although there are equally areas of concern around personal tax, the focus there is more on evasion than avoidance and the clear criminal nature of such conduct offers less scope for discussion and debate. It goes on to identify features of a ‘good’ tax system and frames principles that should underpin the approach of policymakers, taxpayers and their advisers on corporate tax matters.