8.6 Taxes

As part of SHV, Nutreco is committed to achieving the highest standards of ethics and acting with integrity, in line with the law and relevant policies. Every day, we pay close attention to the importance of doing business in a compliant and ethical way and in line with Nutreco’s culture: a culture of shared values where Nutreco has never tolerated – and will never tolerate – unethical behaviour.

In line with this commitment, we believe our obligation as a responsible taxpayer is to comply with the tax legislation of the countries in which the company operates and pay the right amount of tax at the right time. We not only comply with the letter of the law, but also with its spirit.

Nutreco is committed to achieving the highest standards
of ethics and acting with integrity.

At Nutreco, we use business structures that are aligned with business activities and that are only driven by commercial considerations, and make use of tax incentives where they are aligned with business activities and operational objectives, generally available to all market participants and specified by law. 

Nutreco pays tax on profits according to where value is created within the normal course of its business activities. We do not use aggressive tax planning strategies or tax havens to minimise Nutreco’s tax burden. The transfer pricing of intercompany transactions is done in accordance with the arm’s length principle developed by the OECD and is applied consistently. 

We maintain an open and constructive dialogue with tax authorities based on transparency, trust, honesty, integrity and respect.

Chapters:

8.1 Nutreco Exploration
8.2 Occupational health and safe work
8.3 Quality assurance
8.4 Ethics and compliance
8.5 Government Relations
8.6 Taxes