PPIH group tax compliance policy
The PPIH Group is an international corporate group whose purpose is to bring joy and excitement to customers and to contribute to society through the distribution business. Based on this corporate philosophy, in order to contribute to the economic development of each country and region, we have established the "PPIH Group Tax Compliance Policy" and will pay appropriate taxes in accordance with the tax systems of each country and region.
- ❶Compliance with Laws and RegulationsThe PPIH Group will always contribute to the economic and social development of the countries and regions in which it operates by paying appropriate taxes that not only comply with the applicable tax laws and international standards but also respect the spirit of such laws and standards.
- ❷Tax GovernanceIn order to ensure compliance with laws and regulations related to tax payment and the appropriateness of tax management, the PPIH Group shall establish, maintain, and properly operate an internal control system that can ensure appropriate accounting and financial reporting in accordance with internal control rules for financial reporting and other relevant regulations.
- ❸Ensuring TransparencyThe PPIH Group will disclose management figures and tax payments in a timely and appropriate manner in accordance with the national and regional laws of the countries and regions in which the Group companies operate.
- ❹Relationship with Tax AuthoritiesThe PPIH Group strives to ensure transparency and credibility in tax matters by dealing in good faith with the tax authorities in the countries in which the Group companies operate or with the relevant international tax authorities.
Established in April 2022