South Africa’s top 100 companies are making strides in voluntary tax disclosure and there is an increasing awareness of responsible tax behaviour globally, as well as rigorous scrutiny from regulators and other stakeholders, while the Covid-19 pandemic and economic uncertainty have fuelled the public debate on tax and tax transparency, says advisory multinational PwC Southern Africa. These are the key findings from a review of the voluntary tax reporting for the financial year ending December 31, 2019, of the top 100 companies listed on the JSE, PwC Southern Africa tax reporting and strategy lead Troopti Desai points out.
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