Neste Oil

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 and transfer prices are based on public quotations whenever applicable quotation is available. High-quality tax compliance is the corner stone of Neste's tax management. Company contributes continuously to tax law drafting and practice development and is in favour of fair, clear and consistent tax system.