This paper makes an attempt to take the notion of CSR a step ahead and as international industrial relationships carry our world nearer into a worldwide village, and to query “who’s thy neighbor?” and in our context “who’s thy stakeholder?” and proposes a brand new conceptual framework in how tax revenues needs to be allotted amongst nations wherein multi-national companies function in an period of globalization. This situation was much less related fifty years in the past when most financial relations had been inside the boundaries the boundaries of their locality or home state we now stay in an period of financial globalization and the time has come to replace the CSR framework accordingly.

This paper is split into 5 components. Half I, offers the background to the idea of “Company Social Duty” and the publicity companies at present should overseas markets. Half II offers a concise overview of what we imagine are essentially the most vital milestones within the growth of the social duty principle. Half III offers an outline of the linkage between company social duty and taxation. Half IV makes an attempt to make the case for the enlargement of social duty past the scope of home actions, exhibits the significance of cross-border social duty basically, and demonstrates how cross-border social duty is utilized within the context of taxation. Lastly, half V connects the dots between all of the statements and arguments made on this paper and proposes a brand new conceptual framework that needs to be relevant to Multi-Nationwide Companies (MNCs) in eliminating strategic tax conduct and in allocating MNC’s company tax revenues among the many nations wherein they function in a good method.

https://taxprof.typepad.com/taxprof_blog/2023/05/cross-border-corporate-social-responsibility.html