At Leonardo we fully complies with the tax regulations in force in the Countries where we operate. Correct fulfilment of tax obligations is ensured by the Company’s internal procedures that identify roles and responsibilities, operational and control activities and the necessary information flows.
To further confirm its commitment, Leonardo has an open and transparent dialogue with the tax authorities through:
- compliance with the rules and standards for financial reporting to provide information and communications;
- definition of decision-making procedures for investments in tax havens, based on compliance with the principle that these investments must have valid economic reasons and not be made for tax evasion and/or planning purposes;
- adoption of transfer pricing policies that comply with the ruling regulations;
- compliance with regulations about tax returns and payments, both of which are checked by the independent auditors.