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Smith+Nephew Tax Strategy

Our tax strategy is aligned with the overall Group strategy and we seek to manage tax cost and risk accordingly in line with our Code of Conduct and Values taking into account our external reputation and view of stakeholders.

Our approach is to be compliant with the tax laws in the countries in which we operate and our transfer pricing policy is designed to ensure that country profits (and associated tax thereon) align with economic value creation.

AcrobatSmith + Nephew Tax Strategy 2019 (PDF 274 KB)

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