Orion Group Tax Policy
In line with the Orion Way—For the Smiles of All Stakeholders (Orion Group Code of Conduct), the Orion Group complies with applicable laws and regulations of the countries and regions where it operates, acknowledges its tax obligations as a business entity, and ensures appropriate payment of taxes. Additionally, we implement transparent and effective tax management practices to enhance corporate value.
Transparency
The Orion Group upholds transparency in tax matters by providing appropriate disclosure of tax-related information to all stakeholders, thereby fulfilling its corporate social responsibility.
Tax planning
The Orion Group engages in appropriate tax planning to meet its business objectives and optimizes tax costs through the judicious use of tax incentives and adjustments to business operations.
We do not use tax havens for tax avoidance purposes.
Tax risk management
The Orion Group manages tax risks appropriately, maintaining a constant awareness of taxes related to its business activities.
We acknowledge that differences of opinion with tax authorities may arise concerning various business activities. In such cases, we consult external specialists, such as licensed tax accountants, for a thorough review and, if necessary, make inquiries in advance to tax authorities to minimize tax risks.
Relationship with tax authorities
The Orion Group is committed to establishing and maintaining appropriate relationships with tax authorities.