UK Policies

 

UK Tax Strategy for the UK subsidiaries of The HAVI Group LP

Introduction

HAVI is a global, privately owned company focused on innovating, optimizing and managing the supply 
chains of leading brands. Offering services in marketing analytics, packaging, supply chain 
management and logistics, HAVI partners with companies to address challenges big and small across 
the supply chain, from commodity to customer.

This strategy applies to the UK subsidiaries' of The HAVI Group LP in respect of the financial year 
ending 31 December 2017. The publication of this UK tax strategy statement is regarded as 
satisfying the UK statutory obligation under Paragraph 16(2), Schedule 19, Finance Act 2016.

Our approach to tax risk management and governance

The HAVI Group LP is committed to observing all applicable laws, rules, and regulations in meeting 
our tax complian ce and reporting respon sibilities in all countries we operate.

Accountability for the UK tax strategy rests with the UK Board along with the overall stewardship 
of our UK risk management systems and internal control environment. The Director of Global Tax is 
responsible for the management of the tax affairs of the Group and is fully supported in this duty 
by Senior Management.

The Group manages tax risk by proactively seeking to identify, evaluate, manage, and monitor tax 
risks to ensure they remain in line with the Group's tax policies.

Our attitude towards tax planning

Instructuring our commercial activities, we will consider tax laws (amongst many items) with a view 
of maximizing the value for our shareholders with careful consideration of potential financial, 
operational and reputational  risks.

This tax policy is aligned with the overall Group's ethics policy and is approved by Senior 
Management.

Professional opinions are sought as required from reputable independent external advisors 
particularly in relation to complex tax law or where areas of uncertainty arise in the 
interpretation of tax laws.

The level of tax risk we are prepared to accept

The UK entities do not have defined levels of acceptable tax risk, but as with other risks, tax is 
managed within the overall risk framework and risk appetite of the Group. This framework is 
structured to deliver a level of governance and oversight which is consistent with our risk 
appetite.

We seek to balance shareholders' interests for sustained econom ic value creation with ensuring 
that any arrangements comply with current tax legislation.

Our approach to dealings with HMRC

We shall be open and transparent with HMRC about our tax affairs and provide all relevant 
information that is necessary in a timely manner.

 


1The UK subsidiaries of the HAVI Group LP include: HAVI Global Solutions Europe Ltd, The Marketing 
Store Worldwide (Europe) Limited, Boxer Creative Limited (dormant) and S.T.I. (U.K.) Limited.

The HAV IGroup LP
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(630) 353-4200
(630) 434-0894 Fax