Taxes

In 2022, Vebego entered into a revised Horizontal Supervision Covenant in the Netherlands. This agreement had a term of three years and was extended in the summer of 2025. The extension followed the development of a revised and robust tax monitoring plan.

In recent years, Vebego has developed and implemented a tax control framework in the Netherlands. This framework supports our aim of being fully transparent about our fiscal policy with all relevant stakeholders.

For us, tax is not a profit centre. We are committed not only to complying with all applicable tax laws and regulations, but also to managing our tax obligations ethically. We pay taxes in all the countries in which we operate.

Vebego has been subject to Pillar II tax legislation as of 1 January 2024. This requires the Group to pay tax on its profits at an effective tax rate of at least 16% (2024: 15%) in each jurisdiction. Vebego meets the temporary Safe Harbour tests under Country-by-Country Reporting (CbCR) for all countries.