tax governance

Tax governance refers to the framework of policies, processes, and practices that ensure an organization manages its tax obligations responsibly, transparently, and ethically. It involves setting clear standards for tax compliance, risk management, and reporting, aligning tax strategies with overall corporate values and legal requirements. Effective tax governance helps organizations avoid legal issues, reduce risks, and maintain a good reputation by responsibly handling their tax responsibilities. It’s about accountability at all levels, ensuring that tax practices are fair, transparent, and in line with applicable laws and regulations.