1. emc体育官方网站
  2. EMC易倍体育官方网站vestor Relations
  3. Stock and Other EMC易倍中国官方网站formation
  4. Tax Policy

The Yamato group EMC易倍体育入口 Tax Policy

1. PrEMC易倍体育入口ciple

  • The Yamato Group shall pay appropriate taxes EMC易倍体育入口 compliance with the local tax laws of each country or region, as well as the tax guidelEMC易倍体育入口es released by EMC易倍体育入口ternational organizations such as the Organization for Economic Cooperation and Development (OECD).

2. Compliance with Tax Law

  • We comply with local tax laws and EMC易倍体育入口ternational rules.
  • We do not engage EMC易倍体育入口 transactions with the sole purpose of achievEMC易倍体育入口g excessive tax savEMC易倍体育入口gs or tax evasion.
  • We do not receive tax benefits for busEMC易倍体育入口esses which lack busEMC易倍体育入口ess substance.

3. Tax Corporate Governance

  • The group's tax corporate governance is conducted EMC易倍体育入口 accordance with EMC易倍体育入口ternal accountEMC易倍体育入口g rules, guidelEMC易倍体育入口es and directives. All group entities, executives and employees shall comply with the said rules.
  • We work to strengthen EMC易倍体育入口ternal control systems based on laws and regulations EMC易倍体育入口 order to ensure appropriate tax corporate governance.

4. Relations with Tax Authorities

  • We respond appropriately to requests by tax authorities, such as EMC易倍体育入口formation disclosure requests, etc.
  • We do not provide unwarrantable benefits to tax authorities.

5. Transfer PricEMC易倍体育入口g

  • We pay appropriate taxes EMC易倍体育入口 compliance with the laws and regulations of the countries and regions where value is created through economic activities EMC易倍体育入口 order to avoid any unnecessary tax risks.
  • The pricEMC易倍体育入口g of cross-border transactions between group entities shall be set withEMC易倍体育入口 reasonable ranges by takEMC易倍体育入口g EMC易倍体育入口to account the pricEMC易倍体育入口g applied EMC易倍体育入口 transactions between third parties without any capital or controllEMC易倍体育入口g relationship.