Citrix Systems Inc. and Subsidiaries – Global Tax Policy Statement
Citrix Systems Inc. (Citrix) is a global leader in virtual workplace software that unites virtualization, mobility management, networking and SaaS solutions to enable businesses to work more efficiently and with ease.
Our mission is to power a world where people, organizations and things are securely connected and accessible.
We help customers reimagine the future workplace by providing a comprehensive solution that enables business mobility through secure, mobile workspaces that allow instant access to applications, processes, data and communication on any device, over any network or cloud. It simplifies IT’s ability to adopt and manage complex cloud environments.
In accordance with Schedule 19 paragraph 16(2) and/or paragraph 22(2) of the UK Finance Act 2016 requirement, this statement sets out Citrix’s Group global tax policy.
Overall Tax Strategy
Citrix has a strong sense of corporate responsibility and ethical standards. We enforce responsible tax administration via our global tax policies, arrangements and approach to tax risk management and planning. We seek to structure our affairs in a manner that supports our business operations and accurately reflects the economics of each transaction. Citrix seeks external expert advice where needed and seeks elimination or reduction of tax risk through transparent dialogue and communication with tax authorities.
Our Commitment to Compliance
We seek to be a responsible global tax citizen by complying with international tax laws and regulations in all of the territories in which we operate. We adhere to all of the rules that are relevant and applicable with respect to determining the bases for our worldwide tax liabilities, the timing for our tax payments, the filing of our tax returns and disclosures of all relevant facts and circumstances.
Governance and Risk Management
Our board of directors and officers seek compliance with tax legislation as key to managing our tax risk. Citrix’s global tax team seeks to identify, evaluate and manage tax risks to ensure that they remain in line with Citrix’s risk management policies. We encourage ethical and transparent business practices by developing processes and controls that monitor risk and ensure appropriate management oversight. We strive to manage and, where possible, eliminate, tax risk through the effectiveness of the organization’s internal controls relating to tax.
Relationship with HM Revenue & Customs (HMRC)
Our company’s approach is to adopt a policy of transparency with all governmental tax authorities. Citrix strives to work collaboratively with tax authorities, including HMRC. We recognize that there will be occasions where we will encounter areas of disagreement relating to interpretations of law and its applicability and where this occurs we will engage with HMRC in proactive discussions to bring issues to a rapid resolution wherever possible.
Published to comply with Finance Act 2016 Schedule19