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Husqvarna Group Tax Strategy

This tax strategy document sets out the Husqvarna Group’s, including all Husqvarna UK entities’, approach in handling corporate and indirect tax matters.

Objective and strategic goals of Group Tax

The objective of Group Tax is to facilitate and ensure that the Husqvarna Group´s activities are carried out both in an optimal operational as well as tax efficient manner.

To fulfill the objective Group Tax shall prioritize actions aiming at achieving the following strategic goals:

  • The creation of an environment where tax risks are identified, monitored and managed efficiently;
  • a competitive effective tax rate for the Husqvarna Group; and
  • establishment of a Group coherent transfer pricing set up that meets operational and tax requirements.

    Actions shall be consistent with:

  • The commercial rationale of Husqvarna Group’s business and operational activities;
  • protection of Husqvarna Group’s reputation and brand;
  • compliance with relevant laws, regulations, disclosure and reporting requirements; and
  • transparency and the Group´s code of conduct in all dealings with the tax authorities and other relevant bodies, including with HMRC in the UK.