{"id":326423,"date":"2025-02-03T18:53:04","date_gmt":"2025-02-03T17:53:04","guid":{"rendered":"https:\/\/www.ferrovial.com\/sustainability\/governance\/tax-corner\/"},"modified":"2026-03-19T13:15:29","modified_gmt":"2026-03-19T12:15:29","slug":"tax-corner","status":"publish","type":"page","link":"https:\/\/www.ferrovial.com\/en-ca\/sustainability\/governance\/tax-corner\/","title":{"rendered":"Tax Corner"},"content":{"rendered":" \n \n
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  1. Ferrovial<\/a><\/li>\n
  2. Sustainability<\/a><\/li>\n
  3. Governance<\/a><\/li>\n \n <\/ol>\n\n <\/c-breadcrumb>\n \n
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    \n Ethical and responsible taxation <\/h1>\n <\/div>\n <\/m-final-content-header>\n\n \n\n\n

    Our commitment to the principles of good fiscal practice is unwavering. We carry out transparency exercises on fiscal affairs with our various stakeholders. We apply the governance, risks and compliance criteria contained in the Ferrovial tax system (Tax GRC).<\/p>\n \n\n\n

    Ethical and responsible management<\/strong><\/h2>\n\n\n\n

    Ethical and responsible management is key to fostering trust among shareholders, investors, customers, employees and other stakeholders. Tax decisions are made in line with a reasonable interpretation of tax regulations, aligned with different business’s economic activity.<\/p>\n\n\n\n

    The tax function runs through the Company’s decision-making process, ensuring decisions are aligned with its Fiscal Policy principles as well as its businesses’ economic motivation and reality. The Board of Directors reviews and approves the company’s fiscal strategy annually.<\/p>\n\n\n\n\n \n Go to Tax Management section<\/span>\n download link\n <\/a>\n \n\n\n\n

    The Tax GRC is a tool implemented by Ferrovial as part of its tax compliance model.<\/strong> It aims to ensure that the company’s actions and operations are governed by clear principles, values and standards. These criteria are aligned with the Business Conduct and Ethics Code<\/a> and other corporate governance standards.<\/a><\/p>\n\n\n\n

    Good Tax Practices and Compliance Policy<\/strong><\/h3>\n\n\n\n

    This is aligned with current international tax standards such as the OECD guidelines. Its primary objective is to guarantee a transparent tax compliance model based on best tax practices.<\/p>\n\n\n\n\n \n Go to Tax Compliance and Best Tax Practices Policy<\/span>\n download link\n <\/a>\n \n\n\n\n

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    Our tax strategy is based on integrity and transparency, in line with the corporate values and expectations of all our stakeholders.<\/p>\nIgnacio de Felipe, Group Tax Director<\/cite><\/blockquote>\n\n\n\n

    Total Fiscal Contribution<\/strong><\/h2>\n\n\n\n

    We are committed to complying with our tax obligations fairly and transparently. We recognize the importance of contributing to society, paying the corresponding taxes in each of the jurisdictions in which we operate.<\/p>\n\n\n\n

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    Country by Country Report<\/h3>\n\n\n\n

    The Country-by-Country Report (CbCR) is a tax report providing detailed information on the distribution of profits, taxes paid and the company’s economic activities in each jurisdiction in which it operates.<\/p>\n\n\n\n\n \n Go to Country-by-Country Report<\/span>\n download link\n <\/a>\n \n\n\n\n

    Best Tax Practices and Tax Transparency Code<\/strong><\/strong><\/h3>\n\n\n\n

    Ferrovial’s tax policy is based on principles of integrity, responsibility and transparency, ensuring its tax practices are consistent with corporate values as well as the expectations of shareholders, employees, customers and other stakeholders. Through ethical and responsible management, it seeks to build relationships based on trust and credibility, contributing to the sustainable development of the communities in which it is present.<\/p>\n\n\n\n

    We adhere to the Spanish Tax Agency’s Code of Good Tax Practices.<\/p>\n\n\n\n