Taxes

On 21 July 2022, CEO Ton Goedmakers signed the revised Horizontal Supervision Covenant on behalf of Vebego. The covenant has a term of three years. The signing was the result of a multi-year Vebego process in the area of Tax control. In the years prior to 2022, Vebego set up and implemented a Tax Control Framework in the Netherlands. We have also started to develop a similar control system for the Vebego entities in Belgium, Germany and Switzerland.

Transparency about our fiscal policy to all relevant stakeholders is an important basic principle. We do not only want to be compliant with the applicable tax laws and regulations, but we also want to handle our tax obligations ethically. Our activities and the countries where we conduct them determine where we pay our taxes. We expressly do not see taxes as a profit centre.