Star Plastics Tax Compliance Statement

Our Commitment
At Star Plastics, we take our tax responsibilities seriously. We are committed to full compliance with all applicable tax laws and regulations in the jurisdictions where we operate. We believe that paying the correct amount of tax, on time, is an important part of being a responsible business and good corporate citizen.

Our Tax Principles
Our approach to taxation is guided by the following principles:

  • Compliance First:
We comply with all tax laws, regulations, and reporting requirements in the countries and states where we operate.
  • Integrity and Transparency:
We maintain honest and transparent relationships with tax authorities and seek to resolve any issues in a fair and timely manner.
  • Responsible Tax Planning:
We structure our business operations in a way that supports commercial activities and long-term growth, not for the purpose of avoiding taxes.
  • Local Contribution:
We pay taxes in the jurisdictions where our economic activities occur and where value is created.
  • Timely Filing and Payment:
We ensure that all required tax returns are filed accurately and on time, and that taxes are paid promptly.
  • Continuous Improvement:
We regularly review our tax policies, internal controls, and processes to ensure ongoing compliance and efficiency.

Governance and Oversight
The Star Plastics finance and leadership teams oversee tax compliance and reporting. We maintain strong internal controls to ensure accuracy in our tax filings and financial reporting. External tax advisors support our compliance with federal, state, and local tax laws.

Our Broader Responsibility
Star Plastics recognizes that tax contributions support the communities where we live and work. Through compliance and responsible management, we aim to contribute to the long-term sustainability and success of our company, employees, customers, and community.