Tax Transparency
Supporting the Sustainable Development Goals
Targets
- Pay taxes transparently, correctly, and completely
- Disclose financial information within the specified timeframe
- Manage taxes prudently
Performance
Challenges and Opportunities
Turnkey Communication Service Public Company Limited (“TKC”) is committed to complying with laws related to tax management and the proper use of tax privileges in accordance with the law, including utilizing tax structures appropriately to prevent tax avoidance. The Company has established operational guidelines in accordance with accounting, finance, budgeting, and taxation policies, as well as principles of good corporate governance on a continuous basis.
At the same time, such challenges are considered important opportunities to further enhance governance in accounting, finance, budgeting, and taxation to be more effective, through clear policies, complete disclosure, and operations under the principles of corporate governance and organizational ethics.
Tax Planning
It is determined to have tax management, tax planning, and tax payment in accordance with guidelines prescribed by law, in order to receive appropriate and fair tax benefits.
- It is determined to submit taxes or request tax refunds correctly within the timeframe specified by law.
- It is determined to establish guidelines for managing risks related to taxation in order to prevent and resolve potential issues.
Tax Coordination
Tax Compliance Review
- It is determined to monitor revisions and additions to requirements related to tax laws, in order to review tax operations to ensure compliance with applicable requirements and laws.
- It is determined to implement corrections and improvements in operations in accordance with recommendations from regulatory functions and/or internal audit units.
