In particular, the Board of Directors defined and approved the ERG Group Tax Strategy with the goal of establishing the principles and guidelines that guarantee the consistent management of the ERG Group's taxes.
More specifically, the ERG Group Tax Strategy seeks to:
- guarantee the correct and prompt calculation and payment of taxes due by law and the fulfilment of connected obligations (tax compliance);
- mitigate tax risk, understood as the risk of infringing tax regulations or abusing the principles and purposes of tax legislation (abuse of rights).
As with the Group's Code of Ethics and Sustainability Policy, the ERG Group Tax Strategy is inspired by the principles of legality, correctness, transparency, honesty, integrity, the safeguarding of the company's assets and the creation of sustainable value over time.
The Italian and foreign subsidiary companies directly or indirectly controlled by ERG S.p.A. shall recognise the ERG Group's Tax Strategy, guaranteeing its dissemination and application.