{"id":3689,"date":"2023-11-14T10:50:39","date_gmt":"2023-11-14T10:50:39","guid":{"rendered":"http:\/\/coats.com\/?page_id=3689"},"modified":"2026-04-17T17:36:56","modified_gmt":"2026-04-17T12:06:56","slug":"coats-tax-strategy","status":"publish","type":"page","link":"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/coats-tax-strategy\/","title":{"rendered":"Coats Group Tax Strategy"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"3689\" class=\"elementor elementor-3689\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-80d9707 e-flex e-con-boxed e-con e-parent\" data-id=\"80d9707\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-606b7ac e-flex e-con-boxed e-con e-child\" data-id=\"606b7ac\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c16fec3 elementor-widget-tablet__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-heading\" data-id=\"c16fec3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">UNDERSTANDING COATS<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b44dbd elementor-widget-tablet__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-heading\" data-id=\"4b44dbd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Coats Group Tax Strategy<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7ee57d8 e-flex e-con-boxed e-con e-parent\" data-id=\"7ee57d8\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-9c810b1 e-flex e-con-boxed e-con e-child\" data-id=\"9c810b1\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-fd17163 e-con-full elementor-hidden-mobile e-flex e-con e-child\" data-id=\"fd17163\" data-element_type=\"container\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;sticky_offset&quot;:100,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-eca8411 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"eca8411\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Understanding Coats<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78399b1 elementor-nav-menu--dropdown-none elementor-widget__width-initial sidebar elementor-widget-mobile__width-inherit elementor-widget elementor-widget-nav-menu\" data-id=\"78399b1\" data-element_type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;fas fa-caret-down\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;}}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-none\">\n\t\t\t\t<ul id=\"menu-1-78399b1\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19540\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/coats-at-a-glance\/\" class=\"elementor-item\">Coats Highlights<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19535\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/strategy\/\" class=\"elementor-item\">Strategy<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19538\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/financial-performance\/\" class=\"elementor-item\">Financial Performance<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19536\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/prospects\/\" class=\"elementor-item\">Prospects<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19537\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/market-trends\/\" class=\"elementor-item\">Market Trends<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19541\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/business-model\/\" class=\"elementor-item\">Business Model<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19539\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/coats-tax-strategy\/\" class=\"elementor-item\">Coats Group Tax Strategy<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-78399b1\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19540\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/coats-at-a-glance\/\" class=\"elementor-item\" tabindex=\"-1\">Coats Highlights<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19535\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/strategy\/\" class=\"elementor-item\" tabindex=\"-1\">Strategy<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19538\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/financial-performance\/\" class=\"elementor-item\" tabindex=\"-1\">Financial Performance<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19536\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/prospects\/\" class=\"elementor-item\" tabindex=\"-1\">Prospects<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19537\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/market-trends\/\" class=\"elementor-item\" tabindex=\"-1\">Market Trends<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19541\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/business-model\/\" class=\"elementor-item\" tabindex=\"-1\">Business Model<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19539\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/coats-tax-strategy\/\" class=\"elementor-item\" tabindex=\"-1\">Coats Group Tax Strategy<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d8fe74d e-con-full e-flex e-con e-child\" data-id=\"d8fe74d\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-e1cae25 post_tools_container e-flex e-con-boxed e-con e-child\" data-id=\"e1cae25\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d05e2af elementor-widget-mobile__width-inherit elementor-hidden-desktop elementor-widget elementor-widget-n-accordion\" data-id=\"d05e2af\" data-element_type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;all_collapsed&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;max_items_expended&quot;:&quot;one&quot;}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2180\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2180\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\">  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" viewBox=\"0 0 16 16\" fill=\"none\"><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M4 4.66669L8 8.66669L12 4.66669L13.3333 6.00002L8 11.3334L2.66666 6.00002L4 4.66669Z\" fill=\"black\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" viewBox=\"0 0 16 16\" fill=\"none\"><path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M4 4.66669L8 8.66669L12 4.66669L13.3333 6.00002L8 11.3334L2.66666 6.00002L4 4.66669Z\" fill=\"black\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2180\" class=\"elementor-element elementor-element-72d7d24 e-con-full e-flex e-con e-child\" data-id=\"72d7d24\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-11c5aff elementor-nav-menu--dropdown-none elementor-widget__width-initial sidebar elementor-widget-tablet__width-inherit elementor-widget-mobile__width-inherit elementor-absolute elementor-widget elementor-widget-nav-menu\" data-id=\"11c5aff\" data-element_type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;_position&quot;:&quot;absolute&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;fas fa-caret-down\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;}}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-none\">\n\t\t\t\t<ul id=\"menu-1-11c5aff\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19540\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/coats-at-a-glance\/\" class=\"elementor-item\">Coats Highlights<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19535\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/strategy\/\" class=\"elementor-item\">Strategy<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19538\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/financial-performance\/\" class=\"elementor-item\">Financial Performance<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19536\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/prospects\/\" class=\"elementor-item\">Prospects<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19537\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/market-trends\/\" class=\"elementor-item\">Market Trends<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19541\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/business-model\/\" class=\"elementor-item\">Business Model<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19539\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/coats-tax-strategy\/\" class=\"elementor-item\">Coats Group Tax Strategy<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-11c5aff\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19540\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/coats-at-a-glance\/\" class=\"elementor-item\" tabindex=\"-1\">Coats Highlights<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19535\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/strategy\/\" class=\"elementor-item\" tabindex=\"-1\">Strategy<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19538\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/financial-performance\/\" class=\"elementor-item\" tabindex=\"-1\">Financial Performance<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19536\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/prospects\/\" class=\"elementor-item\" tabindex=\"-1\">Prospects<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19537\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/market-trends\/\" class=\"elementor-item\" tabindex=\"-1\">Market Trends<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19541\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/business-model\/\" class=\"elementor-item\" tabindex=\"-1\">Business Model<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-19539\"><a href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/coats-tax-strategy\/\" class=\"elementor-item\" tabindex=\"-1\">Coats Group Tax Strategy<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e60f57d e-flex e-con-boxed e-con e-child\" data-id=\"e60f57d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4ff0c09 elementor-widget elementor-widget-heading\" data-id=\"4ff0c09\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">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.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b93b082 elementor-widget elementor-widget-text-editor\" data-id=\"b93b082\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tOperating 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.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5634e14 elementor-widget elementor-widget-text-editor\" data-id=\"5634e14\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>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.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e8fa76 elementor-widget elementor-widget-text-editor\" data-id=\"5e8fa76\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tOur approach to tax also supports Coats\u2019 wider sustainability commitments to responsible business conduct, environmental stewardship and transparent stakeholder engagement.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1192aef elementor-widget elementor-widget-text-editor\" data-id=\"1192aef\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<a class=\"link-external\" href=\"https:\/\/cdn.coats.com\/wp-content\/uploads\/Coats-Group-Tax-Strategy-2026.pdf\" target=\"_blank\" rel=\"noopener\">Click here to view\/download our current Group Tax Strategy<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>UNDERSTANDING COATS Coats Group Tax Strategy Understanding Coats Coats Highlights Strategy Financial Performance Prospects Market Trends Business Model Coats Group Tax Strategy Coats Highlights Strategy Financial Performance Prospects Market Trends Business Model Coats Group Tax Strategy Coats is a world-leading Tier 2 manufacturer and trusted partner for the apparel and footwear industries, delivering the essential [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":35583,"parent":3502,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-3689","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.2 (Yoast SEO v25.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coats Group Tax Strategy | Coats<\/title>\n<meta name=\"description\" content=\"Coats is committed to complying with applicable tax laws and engaging with Tax Authorities in an open and transparent way.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.coats.com\/en\/investors\/understanding-coats\/coats-tax-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" 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