The UK Tax Strategy of the Sumitomo Rubber Group
This Sumitomo Rubber Group UK Tax Strategy is effective for the year ending 31st December 2023. In making this strategy available to the public, we are fulfilling our responsibilities pursuant to Schedule 19 of the Finance Act 2016.
As a global enterprise that is dedicated to observing and respecting all applicable laws and regulations, engaging in fair and transparent business activities, contributing extensively to our communities and society and earning the trust and respect of our stakeholders, the Sumitomo Rubber Group (hereinafter, “our Group”) has made it our basic management policy to continue producing new value for more pleasant and attractive lifestyles for our customers while continually enhancing our corporate value for our stakeholders.
One aspect of this basic management policy is our Group’s dedication to fulfilling our tax obligations in an appropriate and ethical manner so that we may contribute to the development of the local and regional communities in which we operate. Our UK Tax Strategy applies to all UK entities in our Group.