Tax and our total contributionto public finances税收与公共财政总贡献

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1、TaxandourtotalcontributiontopublicfinancesThisisourthirdtransparencyreportsettingoutBackgroundtothisreportVodafone’scontributiontopublicfinancesintheTheamountoftaxpaidbylargecompaniescontinuestobeacountriesinwhichweoperate.Thisreporthasmatterofsignificantpublicdebatea

2、ndscrutiny.beenupdatedtoincorporatefinancialdatafortheWhileindividualsandcompanieshavelegalobligationstopayfiscalyearended31March2014,presented–astax,thoseobligationsdonot,however,extendtopayingmoreinpreviousreports–onanactualcashpaidbasisthantheamountlegallyrequired.

3、Companiesalsohavealegalratherthanastatutoryreportingbasistoprovideobligationtoactintheinterestsoftheirshareholders;andtheclearestpossibleinsightintothescaleofVodafone’sshareholdersincludemanyoftheinvestmentfundsmoneyflowingfromVodafonetogovernments.relieduponbytensofm

4、illionsofindividualpensionersandsavers.WehaveretainedmuchoftheexplanatorytextusedinpreviousAtthesametime,individualsandcompaniesmustmeettheireditionsofthisreporttocontinuetoprovideaninsightintoresponsibilitiestocontributetothefundingofpublicservicesourviewsonmattersof

5、publicdebate.Regularreadersmayandinfrastructure,withoutwhichsocietiescannotoperatethereforerecognisecertainsectionsofthisreport.Wehavealsoeffectively.Achievingatransparentandeffectivebalanceprovidedneworexpandedcommentaryonmultinationalsandbetweenthoseobligationsandre

6、sponsibilitiesthereforegovernments,ourLuxembourgsubsidiariesandourviewsonremainsintegraltooperatingsustainably.theG20/OECDBaseErosionandProfitShifting(BEPS)initiativeWhenconsideringacompany’staxcontributions,thereareinlightofcontinuinginterestinthosetopics.severalimpo

7、rtantfactorstotakeintoaccount.Inpreparingthisreport,wemetanumberofstakeholders•Inmanycountriesandformanycompanies,corporationwithaspecialistinterestintaxtransparency,includingseveraltaxpaymentsonlyaccountforasmallproportioninternationalNGOswithactivecampaignsfocusedon

8、thisofbusinesses’totaltaxcontributiontonationalissue.Wearegratefulfortheirinsightsandsuggestions.governments.Forexample,corp