Bell Laboratories, Inc. is an exclusive manufacturer of rodent control products. Bell Laboratories produces the highest quality rodenticides and other rodent control products available to the pest control and agricultural industries on six continents.
This tax strategy is applicable to Bell Laboratories UK Limited. Publication of this strategy is considered as satisfying Para 22 (2), Schedule 19 of the UK Finance Act 2016 in respect of financial year ending 31 December 2026.
We look to ensure all decisions are taken at an appropriate level, with diligent professional care and judgment and supported with documentation that evidences the facts, conclusions and risks involved. The business aims to pursue a low-risk tax strategy. Operational responsibility for implementation of the strategy, tax compliance, risk management and general tax matters falls to the Chief Financial Officer.
We are committed to paying the correct amount of tax at the correct time in accordance with all relevant laws and regulations, both in letter and in spirit. We aim to maintain compliance via a system of internal governance using appropriately qualified and experienced staff. Where applicable tax advice is sought from external advisors in respect of material transactions or when staff do not have the necessary expertise or skills required in a particular area.
When engaging in commercial activity, we seek to understand the relevant tax implications for the group. Our approach to tax planning focuses on the effective management of the group’s tax position in line with the broader commercial objectives to deliver long-term economic value to our shareholders.
Our intention is to ensure all tax positions are built on sound business activities. We expect employees to act in an ethical manner and to comply with all applicable laws and regulations. Where the tax treatment is significant or uncertain, we may obtain professional opinions from external tax advisors.
We shall not use artificial structures that are unrelated to the Company’s business for the sole purpose of reducing the tax burden.
We manage our tax affairs responsibly and transparently and in a way that reduces operational tax risk by being open and timely with tax authorities. This includes proactively raising significant compliance issues, discussing uncertainties as they arise and promptly dealing with questions. We also seek to have open dialogue with HMRC and work collaboratively to achieve early agreement on disputed issues wherever possible.
If our interpretation of the correct tax treatment differs from that of the tax authorities, we will typically ask for independent advice and work with the tax authorities to achieve resolution in an open and constructive manner.
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