Tax Management
Management Approach
The Company’s tax management is grounded in full compliance with applicable laws, transparency, and auditability, rather than focusing solely on cost minimization or legal risk reduction. Tax transparency is regarded as a key element in strengthening stakeholder confidence and awareness of the Company’s corporate social responsibility, reinforcing its role as a responsible corporate citizen, and supporting sustainable long-term business operations.
The Company’s governance structure assigns the Chief Executive Officer and President (the highest executive), together with the Sustainability and Corporate Governance Committee, to review and approve the tax policy and tax operating standards. The central Tax team is responsible for oversight, providing advisory support, conducting risk assessments, preparing supporting documentation, and coordinating with government tax authorities as well as external experts.
Strategies and Actions
Strengthen group-wide standardization and establish a self-assessment framework for tax preparation, grounded in legal compliance and transparency in tax reporting
Conduct tax risk assessments and perform regular Tax Health Checks
Enhance systems to support international reporting standards, including Pillar Two and Country-by-Country Reporting (CbCR)
Engage formally with tax authorities and conduct annual reviews of the Company’s tax policy
Targets and Performance
Our commitment to creating a sustainable impact is reflected in our ESG goals and performance.
Targets
Performance
