The Hera Group, as part of its implementation of procedures and mechanisms for managing and controlling tax risk (Tax Control Framework), has defined and formalised its own Tax Strategy.
The values expressed by this tax strategy are inspired by and consistent with the Group’s Code of Ethics and guide the company’s operations, providing specific lines of conduct that Hera intends to maintain in order to achieve the strategic objectives it has set out for itself.
By adopting its Tax Strategy, the Hera Group intends to pursue the following objectives:
lasting growth for the company’s assets and protection of the Group’s reputation and of its shareholders’ interests;
correct and timely determination and settlement of taxes due by law and execution of related obligations;
containment of tax risk, understood as the risk of incurring a violation of tax legislation or an abuse of the principles and purposes of the tax system.
