FANUC CORPORATION and its domestic and overseas subsidiaries ensure the practice of “Strict Preciseness” and “Transparency,” FANUC's principle. In terms of tax affairs as well, we comply with laws and regulations and pay taxes appropriately.
Global tax position and minimization of tax risk
FANUC CORPORATION and its domestic and overseas subsidiaries pay taxes appropriately, in compliance with tax regulations and relevant laws and regulations in their respective countries. Further, we do not use tax havens for the purposes of tax avoidance.
Prices for international transactions between FANUC CORPORATION and its overseas subsidiaries are compliant with the Transfer Pricing Guidelines published by the Organization for Economic Co-operation and Development (OECD), in consideration of laws and regulations in respective countries as well as functions and risks, thereby ensuring appropriate tax payment in the countries.
Relationship with tax authorities
FANUC CORPORATION and its domestic and overseas subsidiaries strive to build a relationship of trust with tax authorities by providing them with information and explanations appropriately and conscientiously.