Risk Management

Tax strategy

The tax strategy of the company is to support Neste's business decisions and ensure their proper implementation also from tax perspective. Tax planning follows the business changes and rationale of the company and taxes and duties are paid, collected, remitted as well as reported according to respective local laws. Neste is committed to follow local laws as well as OECD Transfer Pricing Guidelines. High-quality tax compliance is the cornerstone of Neste's tax management. Company contributes continuously to tax law drafting and practice development and is in favor of a fair, clear and consistent tax system. Neste promotes cooperation with tax and customs authorities.