Cochlear Limited (AU:COH) has released an update.
Cochlear Limited has released its 2024 Tax Contribution Report, detailing the company’s tax strategy and governance, including its approach to risk management, tax planning, and engagement with global revenue authorities. The report also provides reconciliations of accounting profits to income tax expenses and cash tax paid, along with disclosures related to international tax reform and the company’s tax residency. This transparency in financial dealings is aimed at informing stakeholders and reaffirming Cochlear’s commitment to ethical tax practices.
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