SUSTAINABILITY FOR THE MEDIA DO GROUPBASIC TAX POLICY
The MEDIA DO Group (hereinafter “the Group”) is committed to earning the trust of all stakeholders by considering compliance as one of its most important management issues.
Therefore, the Group has established the following basic tax policy with the aim of ensuring proper tax compliance while managing tax costs efficiently in a responsible manner, thereby increasing its corporate value over the medium to long term.
This policy is based on the MEDIA DO Group Basic Compliance Policy, and its establishment, revision or abolition of this policy shall be made by a resolution of the Board of Directors.
1.Tax Compliance
The Group duly fulfills its tax obligations to file returns, pay taxes, and report to tax authorities in compliance with the tax laws, regulations, and treaties of the countries in which it operates.
2.Relationship with Tax Authorities
The Group maintains a cooperative and transparent relationship with tax authorities in each country by providing tax-related information in a timely and appropriate manner. In addition, we take necessary corrective actions and strive to prevent the recurrence if we are notified or instructed by the tax authorities in the course of such audits.
3.Transfer Pricing
The Group ensures arm's length principles are applied to transactions with foreign affiliates based on an analysis of the functions, risks and significant intangible assets of each company.
4.Tax Planning
The Group seeks to manage its tax liabilities efficiently by taking advantage of preferential tax treatment in each country in the normal course of business. We also use tax treaties to eliminate or reduce double taxation on international transactions. We do not participate in aggressive tax avoidance schemes, including the use of tax havens.
5.Tax Governance
The Chief Executive Officer (CEO) of the Company is responsible for the Group’s tax governance. Under the direction of the CEO, the accounting departments of the Company and each Group company shall establish a framework that ensures both proper tax compliance and efficient tax cost management by deploying qualified personnel and leveraging external expertise as needed.
Established: March 1, 2025
