Linde is a leading gases and engineering company with around 65,000 employees working in more than 80 countries including the UK. The strategy of Linde is geared towards long-term, profitable growth and focuses on the expansion of its international business with forward-looking products and services.
Linde has adopted a code of business integrity (the “Code”). It provides guidance on how Linde employees should conduct themselves with each other and with customers, suppliers, governments other businesses and our environment. It states that its employees should be bound by all local laws governing its business operations wherever located. The employees of Linde’s UK companies adhere to these standards.
This tax strategy applies to all Linde UK tax resident companies. The tax strategy is set out with reference to the UK sub-group (“Linde”) headed by Linde UK Holdings Ltd. It also applies to Linde plc (the parent of Linde), the UK sub-groups headed by Linde Investments No.1 Ltd, Linde Gas Holdings Ltd, Linde UK Holdings No.2 Ltd and Lansing Group Ltd and the companies Hydrogen Supplies Ltd, Refrigeration No.1 Ltd, Electrochem Ltd, Praxair Services (UK) Ltd, Praxair Offshore Services Ltd, Praxair Surface Technologies Ltd, Linde North America Holdings Ltd, Spectra Gases Ltd, Medispeed Ltd, Linde Canada Holdings Ltd, Noxbox Ltd and Linde Finance UK Ltd (which are not members of any UK group or sub-group) all of which are members of Linde. References to Linde should be read as references to the relevant UK sub-group or company.
Linde is aligned with and follows the Code and the wider Linde guiding principles and tax policy.
This tax strategy is approved by the board of directors of Linde UK Holdings Ltd (the “Board”) and sets out Linde’s approach to risk management, the level of risk it is prepared to accept, its governance arrangements in relation to UK taxation, attitude to tax planning and cooperation with HM Revenue & Customs.
It is compliant with the requirements of Schedule 19 of Finance Act 2016.