As a business entity conducting economic activity, acting both as a taxpayer and as a remitter of specific taxes, the Company fulfills its obligations in accordance with applicable tax laws.
In particular, in line with its adopted Tax Policy, the Company undertakes to:
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pay taxes and file tax returns in a timely manner, in accordance with applicable laws, rules, regulations, and requirements concerning tax payments and settlements,
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apply available tax exemptions and reliefs in compliance with the law and the purpose of tax legislation, as provided for by applicable regulations,
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apply the arm’s length principle to all intra-group transactions involving goods and services as well as financial transactions, in accordance with OECD guidelines and local regulations,
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actively monitor changes in the tax environment to ensure that the Company always acts in compliance with applicable laws and regulations.
You can find detailed information about our tax strategy here:
