Tax Strategy

CMS - Tax Strategy

This page outlines the high‑level approach to taxation adopted by CMS outside the United Kingdom, including Ireland, the European Union and other jurisdictions in which CMS operates.

CMS is committed to conducting its business responsibly and ethically, in line with its core values. CMS seeks to comply with applicable tax laws and regulations in the countries in which it operates and to pay taxes that are lawfully due.

This statement is intended to provide an overview of CMS general tax principles and does not constitute legal, tax or financial advice.

Governance and Oversight

The Board provides overall oversight of CMS approach to taxation. Responsibility for managing tax matters is delegated to appropriate personnel, with external professional advisers engaged where necessary.

Approach to Tax Planning

CMS considers tax as part of normal commercial decision‑making. Any tax planning is undertaken in support of genuine business activities and reflects commercial substance.

CMS does not seek to implement arrangements that are wholly artificial or lack an underlying commercial rationale.

Approach to Tax Risk

CMS adopts a prudent approach to tax risk. Significant tax matters may be considered in advance of transactions, and specialist advice may be obtained where appropriate.

Relations with Tax Authorities

CMS aims to engage with tax authorities in a professional and constructive manner and to meet filing, reporting and payment obligations in accordance with local requirements.

Scope

This statement applies to CMS entities operating outside the United Kingdom, including operations in Ireland and other European jurisdictions.

For the Tax Strategy relating to CMS UK entities, these are addressed separately in the CMS UK Tax Strategy, which is available via the following link.