- Sharing values
with stakeholders - Reinforcing product safety evaluation
and management - Compliance with laws and global
anti-corruption principles - Building up workplace safety
- Sustainable supply chain support and management
- Energy reduction and utilization
of renewable energy - Tax Strategies
Tax Strategies
Samsung SDI is truthfully and faithfully fulfilling its obligation of tax reporting and payment in countries where Samsung SDI does business. At the same time, Samsung SDI actively deals with changing taxation policies in various countries.
For this, all tax employees of the company perform their work according to Samsung SDI’s legitimate tax strategy.
Samsung SDI exerts efforts to minimize tax risks in its every business area. In all areas such as transactions of general goods, acquisition of shares, entry into a new business, international transactions, and changes in transactional structure, the company tries to identify potential unexpected tax risks and deals with identified risk factors to make improvements through the partnership with independent experts when necessary.
The management of tax risk should be open to the public and unified. For prudent tax risk management, Samsung SDI has established a consistent decision-making system, offered compliance education to employees, and operated unified corporate management guidelines. From general expenses to international transactions, the company keeps and manages lawful evidential documents that each country’s taxation authorities may require. Especially, the company has maintained normal-range prices for the arm's length and related transactions.
Through the tax payment that fits the taxation policies of each country, Samsung SDI contributes to the development of local communities where Samsung SDI operates. The company’s corporate tax imposed on the income of the company, VATs on every transaction, and withholding taxes arising from job-creation have a positive influence on the growth of local communities.