Tax ethics

Tax ethics refers to the moral principles guiding individuals and organizations in fulfilling their tax obligations honestly and fairly. It involves responsibly reporting income, paying due taxes, and avoiding practices like tax evasion or avoidance that minimize tax contributions unlawfully or unethically. Upholding tax ethics helps ensure government programs and public services are adequately funded, fostering trust and fairness in society. Essentially, it’s about doing what’s right in the spirit of contributing to the common good while respecting legal obligations.