Tax Compliance
At Joriole, We Ensure To Comply With All Tax Legislation And Tax Compliance Obligations In Time And Pay The Right Amount Of Tax In All Countries Where We Create Value. Understanding How And Where The Different Companies In Our Group Create Value Is Therefore Key And Joriole’S Tax Department Is Tracking This In Close Collaboration With All Stakeholders Involved.
We Adhere To Relevant International Standards And Projects, Such As The Oecd Transfer Pricing Guidelines And The Base Erosion And Profit Shifting Project (Beps).
We Have A Transfer Pricing Strategy In Place For The Intercompany Transactions Arising From Our Centralized Model. This Strategy Ensures That The Charges Between Our Companies And The Remuneration Of Our Companies Are At So-Called Arm’S Length, Benchmarked And Well Documented In Our Transfer Pricing Documentation. Our Biggest Challenge Here Is To Ensure That Tax Is Only Paid Once And That No Additional Unnecessary Costs Are Incurred.