The Fiscal Materiality Principle

Abstract

Article about the concept of materiality and its interpretation when determining the company's tax (reporting) strategy in the context of its ESG policy. The concrete interpretation of the concept of materiality is currently an important point of discussion in the development of European Sustainability Reporting Standards (ESRS) by the European Commission and the development of Sustainability Standards by the IFRS Foundation. It also discusses general developments in the international ESG landscape and the various initiatives regarding ESG reporting standards. These will be placed in the context of the (possible) consequences for corporate tax policy and reporting strategies.