Read Brewing Up Controversy: A Case Exploring the Ethics of Corporate Tax Planning and then, in your own words and following APA forma and write 4 pages:
- What professional ethical practice principles are involved in this situation? Start with not only the written standards that apply to this situation (i.e., the AICPA standards, Circular 230 standards), but also consider the Jesuit values and their guidance for appropriate conduct that guide our behavior. How should Maria weigh the relative importance of each of these principles in making her recommendations for how to move forward?
- Companies as well as individuals can demonstrate character in their ability to act in ways that support their expressed corporate values. Prepare a point-by-point comparison of the ways in which SABMiller’s tax practices either support or conflict with its corporate values. Overall, would you say that SABMiller’s current tax practices are consistent or inconsistent with its corporate values?
- Identify the relevant stakeholders in this situation. What are the long-term consequences for stakeholders if SABMiller continues with its current tax practices? Do the positive consequences appear to outweigh the negative ones? Can you justify the negative consequences in ways that align with the company’s values?
- What do you think SABMiller’s approach to tax should be going forward? How can SABMiller better align its actions with its values, and the standards mentioned in question one to create more positive outcomes for its stakeholders, and/or mitigate negative consequences for its stakeholders?