The success of Teck’s business depends on our ability to create value in a way that meets the needs of the company, our shareholders, communities and stakeholders, while accounting for the broader environmental, social and economic context in which we operate. Operating in accordance with Teck’s Code of Ethics and complying with both the spirit and letter of applicable local laws, including tax laws, is a fundamental part of our commitment to the communities in which we operate. This Tax Policy aligns our approach to tax matters with our approach to sustainability generally.

税收是我们业务的物质成本，及时遵守所有税务义务，及时支付所有税收和我们财务报表中的税收准确规定是我们对利益攸关方和我们经营的社区的义务的重要组成部分。

在所有税务中，我们符合透明，透明，合作和道德。我们提交所有必需的纳税申报表和信息，准确及时地滑动。我们按时支付税款和全额。

我们在公开内容和完全依据回复所有政府要求与我们的法律结构，我们的财务业绩和税收相关的信息。我们不涉及避税或保密司法管辖区的非披露活动或所有权的税收规划。

我们积极与我们运作的司法管辖区的税务机关互动。我们寻求与他们建立开放和信任的关系，建立我们对当局的共同利益，以有效地达成及时，准确地确定我们对税收的财务责任。当他们发生时，争议通过基于全面披露和法律原则来解决法定流程。在可能的情况下，我们将达成约定的相关事实声明。

We monitor tax planning to ensure it does not create inappropriate financial risk and is consistent with our commitment to communities. We undertake tax planning in accordance with the commercial substance of our business activities. We undertake tax planning in full compliance with applicable laws and tax policy in relation to matters that arise in the ordinary course of our business. We seek to comply with both the letter and intent of the relevant laws. We pay tax where value is created in the normal course of our business.

材料交易的税务后果是书面分析的主题，在适当的情况下，通过书面的外部意见和/或地方政府权力提前税收裁决。我们重视我们的税务和遵守税务，并寻求尽量减少与税务相关的财务和声誉风险。

Material transfers of goods and services between Teck and its subsidiaries are effected at arm’s length prices and on arm’s length terms in accordance with the substance of the commercial transaction and in compliance with international transfer pricing standards such as the Organization for Economic Co-operation and Development (OECD) guidelines. Contemporary documentation is prepared and made available to the tax authorities on request.

我们有一个我imited presence in off-shore financial centers. Our activities in any such jurisdictions are fully disclosed to all relevant tax authorities in accordance with applicable law, are conducted on arm’s length terms in accordance with applicable transfer pricing rules, are related to the ordinary course and commercial substance of our business and are fully compliant with the tax laws and policy applicable in all relevant jurisdictions.

如果在提交的纳税申报表中有明确，明确的和物质错误，我们将向相关税务机关披露错误，如果在完成相关的税务审计周期之前发现错误。

We engage constructively in national and international dialogue with governments, business groups and civil society to support the development of effective tax systems, legislation and administration.

该税收政策每年审查副总裁，税务副总裁，并每年向Teck董事会审计委员会提交。该税收政策每年被税收集团的所有成员分发并审查。税务副总裁负责确保遵守本税收政策，并定期向CFO报告，并向Teck董事会审计委员会报告。