As a subsidiary member of SEEK, OES follows a global approach to tax governance and risk management.  The SEEK board, through its Audit and Risk Management Committee, works with OES to ensure it is aligned to the broader tax strategies and tax governance and risk management framework of SEEK.  For further detail on SEEK’s approach to tax governance and risk management and its global tax strategy, please refer to the SEEK Tax Transparency Report.

As OES has UK resident subsidiaries in its corporate structure, it is required to comply with the UK’s Tax Strategy reporting requirements.  OES’s approach to taxation in the UK is consistent with the global principles adopted by SEEK as outlined in the SEEK Tax Transparency Report.  Specifically, this includes:

• OES’s approach to managing its UK tax risks;
• The level of risk OES is willing to accept for UK taxation purposes;
• OES’s attitudes toward tax planning in the UK; and
• How OES approaches its dealings with HMRC.

The information published within the SEEK Tax Transparency Report is intended to satisfy the reporting obligations of Schedule 19 of the Finance Act 2016.