Page 25 - Paragon ID

Tax evasion
Challenge
FIGHT AGAINST TAX EVASION AND SUPPLIER ETHICS
OBSERVATION
Supplier audits
Purchasing charter
Purchasing charters are signed by Paragon ID at the request
of large international groups
Paragon ID is present in seven countries (France, UK, Germany, USA, Romania, Australia, Spain) with industrial sites, research and development sites, software deve- lopments sites and local sales representatives. Our tax contribution is located in these countries and complies with all local and international tax rules. Our presence has local economic impacts such as job creation. Beyond corporation tax, we are also liable for contributions in those countries where we operate, including: social security contributions, payroll deductions, taxes levied on goods and services (VAT, GST, etc.), local taxation, taxes on electricity and diesel and other local applicable taxes.
Paragon ID upholds professional relationships, cooperation and trust with tax authorities in those countries where it operates and transparently communicates all relevant infor- mation in compliance with its legislative and tax obligations. Each subsidiary ensures that its tax returns and payments are made in accordance with applicable local regulations.
PROMOTING SUPPLIER ETHICS
As part of our CSR strategy, we are required to develop relationships with suppliers and partners which are mu- tually beneficial, based on the respect of our environmental and societal values and commitments.
Depending on the country and/or business sectors in which they operate, Paragon ID sites adopt a specific approach to supplier relationships, in harmony with their respective environments.
Many suppliers working with Paragon ID belong to large- scale international ventures including Idemia, NXP, Raflatac, Avery and UPM, which all adhere to a CSR charter.
With our smaller suppliers, we make sure that we carry out frequent visits and meetings.
In France, we also provide our suppliers with a guideline manual dealing with various issues such as quality, ethics, environment and health and safety in the workplace. This document also outlines our supplier assessment process.
In the USA, our sites also work hand-in-hand with large-scale entities. This is the case for ASK IntTAG, who is required to work with certain suppliers by its primary client, the US Government.
Supplier ethics
Thames
BBP
Security Label
PIROM
PISAS
PID
EDM
ASK IntTAG
TRANSPARENT COLLABORATION
AND TAX COMPLIANCE
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