Fair Tax Policy
Based on EVN’s high ethical standards – which have been formalised, especially in the EVN Code of Conduct – we have defined a binding tax strategy for the EVN Group. We see it as our obligation towards the economy, environment and society to make a fair contribution to tax revenues in all countries where we are active. This belief is reflected in compliance with all relevant national and international tax laws and legal require[1]ments and is illustrated, above all, by the following principles for the tax strategy of the EVN Group:
- High compliance standards with regard to taxes, especially the legally compliant, timely and complete fulfilment of all reporting, clarification, submission and payment requirements
- Risks under financial criminal law, especially the risks related to tax evasion or reduction, must be excluded at all times
- Fair, constructive, cooperative and transparent dialogue with the fiscal authorities
- Proactive tax controls based on the evaluation of tax-relevant risks and tax risks through the identification, analysis FAIR TAX POLICY and assessment of these risks (documentation via risk-control matrix)
- The avoidance of aggressive tax planning, in particular no use of artificial structures whose main purpose is tax reduction