Tax Strategy and Payment Transparency
Importance and Mission
Taxes are a crucial factor in driving national development, The Company prioritizes effective tax management to maximize value and benefits for stakeholders. Comprehensive guidelines for tax planning and administration have been established, ensuring accuracy, transparency, and legal compliance. These guidelines aligning with our principles of good corporate governance.
Supporting the SDGs
Peace, Justice and Strong Institutions
Partnerships for the Goals
Management Approach
Our tax policy, detailed below, is publicly available on the company website
- The Company is committed to adhering to the principles and guidelines set forth by the Revenue Code and tax legislation.
- The Company ensures accountability to all stakeholders by maintaining a tax system and operations that are accurate and fully compliant with legal requirements.
- Revenue and expenses used as the basis for tax calculations are recognized in accordance with the law, and tax benefits are utilized correctly.
- A dedicated department overseeing tax matters was established, to promote the knowledge and capabilities of employees responsible for tax duties.
- Tax regulations are used as a framework for disclosing tax-related information.
Stakeholders Directly Impacted
Shareholders
Receive transparent and verifiable tax information.
Government Sectors
Review tax operations to ensure compliance with legal requirements.
Employee/ Executive
Responsible for managing and complying with tax laws, and adhering to proper tax practices in line with the company's policies.