EBARA Group Tax Policy

The EBARA Group will fulfill its responsibilities to society by thoroughly complying with laws and regulations and conducting corporate operations based on high ethical standards by practicing the EBARA Identity, which consists of the EBARA Group Founding Spirit, Corporate Philosophy, and EBARA Group CSR Policy.
In the area of taxation, we will comply with tax-related laws and regulations in each country and region, contribute to each country and region through appropriate tax payments, and strive to maximize shareholder value.

The Group sincerely understands and complies with the legislative intent of the laws and regulations of each country and region. In addition, in accordance with the purpose of the business, the substance of the business, and the spirit of the law, we will endeavor to file and pay taxes appropriately by utilizing measures such as withholding income tax reductions and exemptions and tax deductions under tax treaties.

The Group understands that in order to build and maintain a tax compliance system, it is necessary to promote awareness and establishment of tax compliance among management and employees, and will strive to comply with laws and regulations and reduce tax risks by continuously providing education, information sharing, and consultation on tax treatment.

With regard to the Group's international transactions, the Group will appropriately allocate profits in accordance with the business risks borne by each related company and the functions and assets held by the relevant companies, based on arm's length pricing in accordance with the OECD Transfer Pricing Guidelines, and prepare transfer pricing documents in accordance with the laws and regulations of each country and region.
Based on the above basic concepts, we will strive to prevent double taxation by realizing an appropriate distribution of income in accordance with the arm's length principle when setting transfer pricing. In addition, in the event of double taxation, we will strive to eliminate it by utilizing the relief system of each country and region and the mutual agreement system in tax treaties.

The Group does not use tax havens in tax-free or low-tax countries for the purpose of tax avoidance.

The Group responds in a timely manner to changes in the tax system in each country and region, and strives to minimize tax risks in order to increase shareholder value. In addition, we will consult with experts for transactions that are unclear in terms of tax law, and in some cases, we will strive to minimize risks and resolve them as soon as possible by using a system of prior confirmation with the tax authorities.

The Group strives to build good relationships with the tax authorities of each country and region and ensure that appropriate taxation is carried out by responding in good faith to requests from the tax authorities of each country and region by providing appropriate information. In addition, if there is a disagreement with the tax authorities of each country or region, we will take appropriate measures to resolve it.