Group tax governance with the CFO as the ultimate responsible officer
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2024.
2 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「With the Chief Financial Officer (CFO) as the ultimate responsible officer, we will establish a tax governance framework that defines the roles and responsibilities relating to tax operations across the Group in the Tax Regulations, promotes compliance with tax laws and regulations by each group company, ensures appropriate tax risk management and optimizes tax payments.」
The company continues to present its tax governance policy based on the CFO serving as the ultimate responsible officer, Tax Regulations, and communication to and monitoring of group companies. - FY2022First statedAnnual report
「With the Chief Financial Officer (CFO) as the ultimate responsible officer, we will establish a tax governance framework that defines the roles and responsibilities relating to tax operations across the Group in the Tax Regulations, promotes compliance with tax laws and regulations by each group company, ensures appropriate tax risk management and optimizes tax payments.」
The company has, for the first time, explicitly presented a framework for standardizing tax management through the CFO serving as the ultimate responsible officer, Tax Regulations, communication to and monitoring of group companies, and the “FUJI OIL Group Tax Policy.”