Tax Policy
Noah is fully aware of the importance of abiding by the tax laws of the countries where we operate, including timely and compliant tax declarations in accordance with local standards and requirements. Noah provides financial services in multiple countries around the world and meanwhile abides by the tax laws of the countries where we operate, conducts business in an honest manner, and declares taxes as required.
Further, since China is Noah's largest country of operation, the Company is primarily governed by Chinese tax laws. To deal with taxation risks arising from amendments to existing tax laws or the enactment of new tax laws, Noah has set up relevant mechanisms to effectively assess and manage such risks.
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Noah Tax Policy
- Noah abides by local tax rules and regulations of the countries where we operate. While complying with international tax rules, Noah fulfills tax obligations by accurately calculating payable taxes and lawfully completing tax declarations within the required timeframe.
- Noah adopts a zero-tolerance policy on tax evasion, and absolutely does not tolerate any employee to use the Company’s name to facilitate tax evasion in transactions with other persons of interest. Noah prepares all transfer pricing documents as required by national rules and regulations in order to satisfy transfer pricing standards and norms.
- When performing lawful tax planning and organizational structure adjustment, steps shall be taken to avoid double taxation and reduce tax costs, and profit or organizational structure shall not be transferred to countries on the EU List of Non-cooperative Jurisdictions for Tax Purposes, or to countries or regions with low tax rates as defined by the state’s tax laws (i.e. tax havens) for the purpose of tax evasion.
- All tax planning shall abide by and satisfy principles such as sustainable corporate development, corporate responsibility and risk management while upholding the interests of shareholders and creating value for shareholders.
- Noah and its branches and subsidiaries all have qualified tax experts to conduct tax risk assessment and will employ external tax consultants when necessary, while also referencing relevant suggestions from independent external auditors.
Tax Payment Information
For tax payment information, please refer to regular disclosures in the Corporate Annual Report
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Tax Policy
Noah fully acknowledges the importance of complying with the tax regulations of countries in which it operates, including the necessity to make timely and accurate tax declarations. Noah is operating and developing financial service businesses in various
countries worldwide, abiding by the tax laws and regulations of those countries, conducting its business with integrity, and paying taxes as required.
Since Noah's major base of operations is China, it is mainly governed by Chinese tax law. To mitigate the risk embodied in possible changes to existing state tax law or implementation of new tax laws, Noah has established mechanisms for effective risk evaluation and management.
Since Noah's major base of operations is China, it is mainly governed by Chinese tax law. To mitigate the risk embodied in possible changes to existing state tax law or implementation of new tax laws, Noah has established mechanisms for effective risk evaluation and management.
View policy details
Noah Holdings Tax Policy
• Noah abides by local tax rules and regulations of the countries where we operate. While complying with international tax rules,
Noah fulfills tax obligations by accurately calculating payable taxes and lawfully completing tax declaration within the required timeframe.
•Noah adopts a zero-tolerance policy on tax evasion, and absolutely does not tolerate any company employee in using the company's name to facilitate tax evasion in transactions with other persons of interests. Noah prepares all transfer pricing documents as required by national laws and regulations in order to satisfy transfer pricing standards and norms.
•When performing lawful tax planning and organizational structure adjustment, steps shall be taken to avoid double taxation and reduce tax costs, and profit or organizational structure shall not be transferred to countries on the EU List of Non-cooperative Jurisdictions for Tax Purposes, or to countries or regions with low tax rates as defined by the state's tax laws (i.e. tax havens) for the purpose of tax evasion.
•All tax planning shall abide by and satisfy principles such as sustainable corporate development, corporate responsibility and risk management, while upholding the interests of shareholders and creating value for shareholders.
•Noah and its branches and subsidiaries all have qualified tax experts to conduct tax risk assessment, and will employ external tax consultants when necessary, while also referencing relevant suggestions from external independent auditors.
•Noah adopts a zero-tolerance policy on tax evasion, and absolutely does not tolerate any company employee in using the company's name to facilitate tax evasion in transactions with other persons of interests. Noah prepares all transfer pricing documents as required by national laws and regulations in order to satisfy transfer pricing standards and norms.
•When performing lawful tax planning and organizational structure adjustment, steps shall be taken to avoid double taxation and reduce tax costs, and profit or organizational structure shall not be transferred to countries on the EU List of Non-cooperative Jurisdictions for Tax Purposes, or to countries or regions with low tax rates as defined by the state's tax laws (i.e. tax havens) for the purpose of tax evasion.
•All tax planning shall abide by and satisfy principles such as sustainable corporate development, corporate responsibility and risk management, while upholding the interests of shareholders and creating value for shareholders.
•Noah and its branches and subsidiaries all have qualified tax experts to conduct tax risk assessment, and will employ external tax consultants when necessary, while also referencing relevant suggestions from external independent auditors.
Tax Payment Information
For tax payment information, please refer to regular disclosures in the Corporate Annual Report
Read now
