Siegfried is an active member of the communities in which we operate, engaging with local governments and populations alike to build positive relationships.
Sponsorship and donations
As a global company with strong local roots, the communities we operate in are a vital factor to our success. We give back by supporting projects that have a positive effect on society. We believe that what we do matters, and support activities aligned with this core belief.
Each year, we support a wide range of local cultural, educational, social, science and athletic projects, such as providing internships to students and sponsoring sports teams. We also support the civic engagement of our employees, especially in all fields of our focus activities.
We are committed to being a good corporate fiscal citizen. We respect the local tax legislation and administrative practices in the countries where we operate and are liable to taxation.
Siegfried ensures cooperation with all tax authorities and other relevant bodies in a proactive and transparent manner. We maintain and follow a strict transfer pricing policy, based on the OECD Transfer Pricing Guidelines and on the Base Erosion and Profit Shifting (BEPS) project deliverables. We file a country-by-country report to the Swiss Tax Administration, containing aggregated tax information per country relating to the global allocation of income, taxes paid, among other indicators.
Ensuring our business model and administration practices are aligned with applicable laws is very important to Siegfried and enhances our reputation.