CSG’s global business activities incur a variety of taxes in the jurisdictions in which we operate. These include, but are not limited to, corporate income taxes, withholding taxes, employment taxes, and transaction taxes such as property, sales and use and value added taxes. Additionally, we collect and remit various taxes on behalf of our customers, employees and others.
We are committed to responsible compliance with the tax laws and regulations of the jurisdictions in which we operate.
CSG’s Chief Financial Officer is responsible for implementing this Policy and for maintaining a Global Tax Team who possess the necessary skills and experience to implement this Policy. The tax function is subject to oversight by the Audit Committee of the Board of Directors. The Global Tax Team is responsible for ensuring that policies, procedures and controls supporting the implementation of this Policy are in place, maintained and applied consistently in all jurisdictions. Under the direction of the Global Tax Team, we will utilize outside consultants and counsel to assist with our compliance obligations and to advise on tax matters pertinent to CSG.
We seek to build and sustain positive relationships with tax authorities of the jurisdictions in which we operate, that are constructive and based on mutual respect. We work collaboratively with tax authorities whenever possible to resolve disputes early and achieve agreement where the tax laws are complex or uncertain.
We adhere to the tax laws of the jurisdictions in which we operate and seek to minimize risk and uncertainty in application of those laws to our business. We engage in efficient tax planning that supports our business activities and complies with the tax laws of the jurisdictions in which we operate. We do not engage in artificial tax arrangements. We seek to conduct transactions between our group companies in an arm’s length manner and in accordance with the Organization for Economic Cooperation and Development (OECD) principles and local jurisdiction requirements, where applicable. Where tax incentives are available to us in the jurisdictions in which we operate, we seek to apply them in the manner intended by the applicable tax authorities.
We seek clarity whenever possible in the tax laws of the jurisdictions in which we operate. We follow our overall risk management policies as part of our internal control process. Such controls are designed to enable identification and evaluation of tax risks from our business activities. We account for the financial impact of tax risks in accordance with our accounting policies. Material tax risks are disclosed as appropriate in our 10Q and 10K filings with the U.S. Securities and Exchange Commission.
We regard this Policy as complying with paragraph
16(2) of Schedule 19 of the UK Finance Act 2016.