CNR International (U.K.) Limited
Financial year ending 31 December 2023
This strategy applies to CNR International (UK) Investments Limited and all UK entities in its group (hereafter referred to as CNR or company). CNR’s ultimate parent company is Canadian Natural Resources Limited, which is a publicly listed company headquartered in Alberta, Canada. CNR is committed to maintaining the highest level of business ethics and principles to ensure that it is in compliance with all applicable laws. All personnel working for CNR must agree to the Company’s Code of Integrity, Business Ethics and Conduct and apply it in all of their business dealings. CNR’s culture is embodied in its mission statement “To develop people to work together to create value for the Company’s shareholders by doing it right with fun and integrity”.
Responsible Tax Planning
The tax department supports the commercial needs of the business by ensuring CNR’s affairs are conducted in an efficient manner and are compliant with all relevant tax laws and regulations. We take well-reasoned positions based on available case law and administrative positions and engage external advisors where considered necessary.
Relationship with HMRC
CNR engages with HMRC with honesty, integrity, respect and fairness and in the spirit of co-operative compliance. Where the company may disagree with a ruling or a decision by HMRC it will seek to resolve the matter through active and transparent discussions to better understand HMRC’s interpretation and application of UK tax law.
Senior Management Ownership
This tax strategy is aligned with the company’s Mission Statement and Code of Integrity, Business Ethics and Conduct and is approved by and owned by the board of CNR.
|Page updated 15-12-2023