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Tax Policy

The University conducts its tax affairs consistent with the following principles:

 a. Comply with all relevant tax laws, rules, regulations and reporting requirements wherever it operates.

 b. Ensure that the tax strategy is at all times consistent with the University's approach to risk and its core values.

 c. Apply due diligence and care to the management of risks associated with tax matters and ensure that governance and assurance procedures are appropriate.

 d. Foster constructive, professional and transparent relationships with tax authorities, based on concepts of integrity, collaboration and mutual trust.

 e. Minimize the tax cost of adopted business models, but not enter into transactions that have the main purpose of gaining a tax advantage or intentionally interpreting tax law in a way contradictory to the original intention of the legislation.