Indutrade’s approach to tax
For Indutrade it is important that tax is paid in the country in which value is created, in due time and in accordance with local tax rules. Our view is that tax is a business cost which, managed correctly and effectively, can help reduce the Group’s business risk.
Indutrade’s goal is to pay the shareholders a dividend which over time shall range from 30 per cent to 60 per cent of net profit.
In December 2017, the group-wide tax policy was adopted by the Board of Directors. The tax policy covers all levies paid to the respective countries’ tax authorities and applies for all subsidiaries and employees of the Indutrade Group. Download the tax policy here.