Sustainable tax systems: the importance of the creation of a tax system based on corporate environmental and social performance

Resumo

Abstract: The purpose of this article is to analyze and start the discussions around the topic involving ESG initiatives taken from private corporations and their respective long term longevity. A concern involving the appropriate approach regarding the possible result of such initiatives towards shaping future attendance to the common good is also under analysis. The proposal is to take the example of the financial market which is promoting ESG related investments and compare to a possible approach to be provided by taxation and promote the private understanding of the reason for taxation. Engaging the parties to the taxes into a concept of tax investors united rather than a “tax collector versus tax payer relationship”.