Tax principles

The Credit Suisse Tax Principles set out our approach on tax matters:

• Credit Suisse is committed to ensuring that its tax affairs are conducted in compliance with all applicable tax laws and practices, and will engage with tax authorities in a cooperative and transparent manner.
• Credit Suisse will only undertake on its own behalf, or facilitate for clients or third parties, tax planning and transactions which support genuine commercial activity or which we believe to be consistent with the relevant tax authorities’ expectations and practice.
• Credit Suisse has a zero tolerance approach to tax evasion. Credit Suisse will not assist clients or other third parties in any attempt to evade taxes, including any attempt to circumvent reporting regimes such as the US Foreign Account Tax Compliance Act (FATCA) and the Automatic Exchange of Information (AEI).