Our Tax policy determines the tax principles under which we operate when making business decisions with tax implications.
The principles of our Tax policy are applied globally and consistently for all activities including our ongoing business and one-off activities, such as M&A or entering new markets.
Our Tax policy is reviewed by the Audit Committee and approved by the Board of Directors annually, most recently in January 2023, and published on our website at chr-hansen.com.
Global tax report
In connection with the Q1 2022/23 Interim report, Chr. Hansen has published a tax transparency report (‘Global tax report’) from 2021/22. The tax report includes details on risk-mitigating actions such as concluding Advance Pricing Agreements regarding transfer pricing and cooperation with tax authorities. The report also includes tangible details on tax payments across regions and the EU directive (Directive (EU) 2021/2101) compliant country-by-country report.