For Calendar Year Ending December 31, 2017
Citrix Systems Inc. (Citrix) is a multinational global company that delivers solutions that make applications and data secure and easy to access, anywhere, anytime and on any device or network.
Our mission is to power a world where people, organizations and things are securely connected and accessible. We aim to accomplish this by building the world’s best-integrated technology services for secure delivery of apps and data anytime, anywhere.
This policy describes Citrix’s overall UK tax policy and its applicability to all of its legal entities. By making this policy available, we regard this policy as compliant with the UK strategy publication requirement under paragraph 16(2) and/or paragraph 22(2), Schedule 19 of the Finance Act 2016, for the calendar year ending December 31, 2017.
Citrix has a strong sense of corporate responsibility and ethical standards. We enforce responsible tax administration via our group 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.
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.
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.
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