Taxation and the Circular Economy - What it means for business

The concept of the circular economy is becoming increasingly prevalent in discussions around supply chains, sustainability and geopolitical challenges. As the circular economy agenda seeks to reduce waste and reduce raw materials inputs in all stages of the system, businesses will have to holistically manage all parts of their production and supply chain.

More broadly, business tax leaders are asking how the circular economy might fit with potential taxation developments. What has occurred to date and what might we see ‘around the corner’? What potential tax levers are out there? What impacts might they have on our business?

Taxation and the Circular Economy: What it means for Business

This paper, part of the Global Responsible Tax Programme, seeks to explain what is generally meant by the circular economy, considering what taxes, tariffs, and incentive levers are being used or proposed to drive a more circular economy.

A summary of the papers key insights can be found here or click here to download a copy of the full report.

The Global Responsible Tax project began in 2014 and has evolved from discussing mainly corporation and international tax issues to environmental tax, the wider tax governance and transparency agenda and the future of work. The project is valued by many different kinds of stakeholders to bring a multitude of voices to the table, which otherwise would not be in the same room together often to discuss difficult issues with contrasting points of view, to better understand each other and progress the global conversation. It continues to expand across borders and industries, and we now have a community of over 1,700 voices from businesses, to NGOs, to investors, to policymakers; across the whole spectrum. You can visit the dedicated web platform here. 

For Further Information, please contact:
Becky Holloway, Programme Director