CSR Mercuria 2019 - Flipbook - Page 37
Financial
Responsibility
Statement
We post the following statement on our public
website:
FISCAL RESPONSIBILITY STATEMENT
Mercuria recognizes that it is our legal and social
responsibility to collect and pay the correct amount
of taxes in each jurisdiction where we operate.
We ensure our operating structures and presence
in all countries, including low-tax jurisdictions, are
grounded in commercial substance and economic
activities.
Our tax and finance staff file thousands of tax returns every year. When we fulfil our tax filing obligations, we aim to adhere to best practice and aim for
accuracy and timeliness.
Mercuria may seek the support of an external adviser where specialist technical expertise is required, or
on matters of material uncertainty.
In accordance with the Group’s Code of Conduct,
Mercuria pursues an open, transparent and trustbased relationship with tax authorities. We seek to
achieve this by:
- Complying with all relevant tax legislation,
regulations and obligations of each jurisdiction
and meet all tax filings, returns and payment
obligations on a timely basis;
- Paying the right amount of tax on a timely basis; and
- Working collaboratively with tax authorities
to achieve early agreement on material uncertainties on a real-time basis, wherever possible.
Mercuria does not tolerate nor support tax evasion
of any kind, including facilitation of tax evasion by
any person employed or contracted to or on behalf
of Mercuria.
37
