Sustainable taxpayer

a.s.r.’s tax strategy

a.s.r. aims to be a socially responsible taxpayer based on professionally implemented tax compliance. a.s.r. does not adopt any aggressive positions for tax purposes. In optimising the tax burden (“tax planning”), arm’s length considerations are always leading.

The tax strategy has been established by the Executive Board. In compliance with the Dutch Corporate Governance Code, a.s.r.’s Audit and Risk Committee supervises the tax policy pursued. In 2018, the tax policy and tax risks were discussed in the Audit and Risk Committee.

Given its tax strategy, a.s.r. has the following objectives: 

  • a.s.r. ensures the timely payment of tax debts.
  • a.s.r. will present to the Tax and Customs Administration the (tax) positions it has taken or will take as soon as possible, and actively allow the Tax and Customs Administration insight into all the relevant facts and circumstances, the positions taken and its views on their possible consequences. 
  • a.s.r. manages the tax risks proactively. In view of its open, transparent relationship with the Tax and Customs Administration, a.s.r. proactively consults with the Tax and Customs Administration about the tax consequences of the various transactions.
  • a.s.r. does not have any products that facilitate customers in evading or avoiding taxes. 
  • a.s.r. optimises its tax position, thus limiting the tax burden. This occurs within the given context that a.s.r. wishes to make a sustainably contribution to society.
  • a.s.r. supports only transactions or products that have a well-documented corporate objective. a.s.r.’s position is that it acts in accordance with the spirit of the law and that no ‘tax havens’ and suchlike are used.