Ercros adheres to the code of good tax practices

Ercros has adhered to the code of good tax practices, promoted by the Forum of Large Companies, a collaborating body of the State Tax Administration Agency (AEAT).

The objective of said code is to increase the effectiveness of AEAT controls and reduce legal uncertainty in companies, as well as the litigation that arises between both. The code defines good tax practices as "those that lead to the reduction of significant tax risks and the prevention of those behaviors that may generate them."

Adherence to this code entails the application of recommendations to avoid the use of opaque credit structures, intensify collaboration in the detection of fraudulent practices and improve information on applied tax policies.

The bases of this code were laid in 2010, but it was in 2015 when the first conclusions were presented and the indicators were set so that companies and the AEAT can verify their compliance. Currently, 143 national and foreign companies are adhered to. Ercros has adhered to the code of good tax practices, promoted by the Forum of Large Companies, a collaborating body of the State Tax Administration Agency (AEAT).

The objective of said code is to increase the effectiveness of AEAT controls and reduce legal uncertainty in companies, as well as the litigation that arises between both. The code defines good tax practices as "those that lead to the reduction of significant tax risks and the prevention of those behaviors that may generate them."

Adherence to this code entails the application of recommendations to avoid the use of opaque credit structures, intensify collaboration in the detection of fraudulent practices and improve information on applied tax policies.

The bases of this code were laid in 2010, but it was in 2015 when the first conclusions were presented and the indicators were set so that companies and the AEAT can verify their compliance. Currently, 143 national and foreign companies are adhered to.