TAX MANAGEMENT AND RELATIONS WITH THE AUTHORITIES

The Company makes reasonable and well-founded tax choices and interpretations in determining the tax treatment of a particular transaction or activity. On the basis of the size and complexity of the business, risks may arise in relation to the interpretation of local tax regulations. These risks are identified and analyzed internally and with the support of tax advisors.

Comer Industries ensures transparency and propriety when dealing with tax authorities. It aims to build and maintain open and fruitful relations with all competent tax authorities and to resolve any dispute in a spirit of cooperation. In cases of particular uncertainty about the tax treatment applicable to relevant issues, the tools to know in advance the position of the competent tax authority are used.