Anti-Facilitation of Tax Evasion Policy

Last Updated: 01 October 2024

1. Objective

The objective of this policy is to ensure that Mobile Accord and all individuals associated with the company, including employees, contractors, and representatives, adhere to all applicable tax laws. This policy also establishes clear guidelines for preventing the facilitation of tax evasion, ensuring compliance, and maintaining the company’s ethical standards.

  1. Scope

This policy applies to all personnel, including full-time and part-time employees, contractors, agents, and anyone representing Mobile Accord in a professional capacity. It covers all business activities and interactions, both domestically and internationally.

  1. Company Commitment

Mobile Accord is dedicated to operating with transparency and integrity, complying with tax legislation at all levels. The company strictly prohibits any actions that could contribute to or facilitate tax evasion, either by employees or third parties acting on behalf of the company.

Tax evasion refers to illegal actions taken to evade or reduce tax liability, including falsifying information, underreporting income, or overstating deductions. The facilitation of tax evasion occurs when one assists or enables another party to evade taxes.

  1. Responsibilities

Employees:

  • Employees must ensure they understand and comply with all relevant tax laws in the jurisdictions in which they operate.
  • Any suspicious activities related to tax evasion must be reported to the relevant department immediately.
  • Employees are expected to attend any relevant training sessions related to tax compliance and prevention of facilitation of tax evasion.

Management:

  • Management is responsible for ensuring that this policy is communicated and implemented effectively. This includes training staff and ensuring compliance monitoring.
  1. Prohibited Activities

The following activities are prohibited under this policy:

  • Deliberately omitting, concealing, or falsifying financial information to reduce tax liabilities.
  • Assisting or encouraging others to engage in tax evasion.
  • Knowingly providing incorrect or misleading information to tax authorities.
  1. Compliance and Reporting

Any employee who becomes aware of any behavior or transaction that might involve tax evasion or its facilitation must report it immediately to their line manager or the designated compliance officer. Failure to report such activity may result in disciplinary action.

Mobile Accord will investigate all reported incidents of potential tax evasion or facilitation and take appropriate disciplinary and legal action where necessary.

  1. Disciplinary Action

Any violation of this policy will result in disciplinary action, which may include termination of employment. Additionally, the company will cooperate fully with legal authorities in investigating and prosecuting cases of tax evasion or facilitation.

  1. Monitoring and Review

This policy will be reviewed periodically to ensure that it remains up-to-date and effective in preventing the facilitation of tax evasion.

—

Download

—