UNDERSTANDING COATS
Coats Group Tax Strategy
Understanding Coats
Coats Group Tax Strategy
Coats is a world-leading Tier 2 manufacturer and trusted partner for the apparel and footwear industries, delivering the essential materials, components, and software solutions that help our customers grow, compete and win.
Operating in over 50 countries across six continents, our global footprint provides unrivalled access to markets and customers, and gives rise to a broad range of taxes, including corporate, employment and indirect taxes, which form an important part of our economic contribution in the countries where we operate.
Coats is committed to complying with applicable tax laws and engaging with Tax Authorities in an open and transparent way. The Group follows responsible tax practices to enhance long-term shareholder value, whilst maintaining a fair, compliant and transparent approach to management of its tax affairs, consistent with its core values.
Our approach to tax also supports Coats’ wider sustainability commitments to responsible business conduct, environmental stewardship and transparent stakeholder engagement.