The tax footprint comprises the tax revenue generated for society by the company's operations and the distribution of the tax effect between countries. Oriola Group supports a transparent corporate culture and publishes its tax footprint, which consists of income taxes and other taxes and corresponding charges related to business operations. Oriola Group pays taxes to each country in which it operates in accordance with local legislation. Oriola Group doesn’t have foreign subsidiaries in countries with tax incentives.
Oriola Group business model is complete with procurement, storage and sale of products and services in its wholesale, healthcare and retail operations in both Sweden and Finland. Oriola Group has supporting functions in centralised organisations both in Finland and Sweden. The costs of supporting functions are invoiced to the group companies according to the use of these services.
|Corporate income taxes||2,2||1,5||12,3||16,4||14,5||18,0|
|Other taxes 1)||0,3||0,3||0,0||0,0||0,4||0,4|
|Taxes borne, total||10,5||9,1||42,2||52,6||52,7||61,7|
|Value added taxes, net||29,2||33,4||-94,9||-78,5||-65,8||-45,1|
|Taxes collected, total||40,1||45,2||-41,5||-24,6||-1,4||20,6|
|Total tax footprint||50,6||54,3||0,7||28,1||51,3||82,3|
1) Other taxes include real estate taxes, customs fees, and excise taxes