WE ARE THE LEADING GLOBAL OPERATOR IN FOOD & BEVERAGE SERVICES FOR TRAVELERS
Global restaurateur HMSHost International is a subsidiary of Autogrill S.p.A. A major world player in the food and hospitality industry. We operate in Europe, Asia-Pacific, and the Middle East and have almost 50 years' experience in airport restaurant operations, design, concept and development.
Our expertise lies in bringing vibrant local brands into airport terminals, as well as creating and operating our own innovative, custom-designed restaurants. Either way, our focus is always on rejuvenating the traveller. By welcoming them into an inviting space with a diverse offering and sense of place, we ensure their experience is as authentic as it is memorable – and shareable.
Global restaurateur HMSHost International is a world leader in creating dining experiences for travel venues, operating in 42 airports, 21 train stations and 4 shopping malls. The Group operates in 18 countries and employs around 10,000 people. It manages approximately 464 stores and 200 brands worldwide.
We manage a portfolio of brands specially selected for each country.
One of the key aspects of our expertise is the talent in designing winning internal brand concepts which can be replicated in different contexts and concepts for specific locations, undertaking careful research into the local culture and customs, in order to produce something truly bespoke.
At the same time, through partnership with outstanding national brands, we ensure to our customers an experience able to dialogue with the local environment.
Through a number of strategic agreements with leading global brands, we provide popular choices for travelers looking for familiarity.
Autogrill S.p.a. is the world’s leading provider of food & beverage (F&B) concessions at travel locations, serving 900 million customers a year at airports, motorways, railway stations, on high streets, and in selected commercial sites and cultural venues.
Autogrill has over more than 57,000 employees working in 30 countries on 5 continents. And 4,200 points of sale at over 150 airports worldwide – about 1.000 locations we operate.
In 2015, Autogrill’s annual turnover was in excess of €4,3 billion.
This document, published by HMSHost group in December 2017, applies to the whole HMSHost group and complies with its obligation under the UK Schedule 19 Finance Act 2016 to publish its tax strategy for the year ending 2017.
Tax relation management
HMSHost operates worldwide and therefore encounters different tax systems, tax rules & regulations, and tax methods. However, HMSHost uses a clear approach of being transparent when it comes to its relationships with the different tax authorities. Key aspects of this approach are as follows:
HMSHost commits to being open and transparent with the tax authorities around the globe; and
HMSHost commits to fully disclosing all relevant information required by local tax authorities to conduct a review and tax audit, as required by local tax laws.
The HMSHost Tax Teams, with the cooperation of local management and third party (local) tax counsels, set the pace to fulfill these commitments on a day-to-day basis.
As tax is a part of every business, tax effects relating to the business activities are being reviewed by the HMSHost Tax Teams. These efforts are often supported by third party outside tax counsels. Pursuant to the outcome of these tax reviews, tax planning proposals are discussed within the HMSHost groups such as the Business Strategy, Commercial, Legal and other groups, before a decision is made. Core drivers within any tax planning proposal are:
Tax risk attitude
HMSHost commits to comply fully with all applicable tax obligations, while maintaining and protecting value for its shareholders.
Where HMSHost discovers inconsistencies in tax compliance processes, HMSHost seeks to resolve such issues as soon as possible by either discussing these inconsistencies with the local tax authorities, or, if possible, resolve such issues internally.
Accountability for all taxes ultimately lies with the HMSHost CFOs. However, responsibility for all taxes lies with the Board of Directors of each separate entity or business. Furthermore, day-to-day taxation accountabilities lie with the Tax Teams, unless an HMSHost Policy determines otherwise. Furthermore, the determination and implementation of the HMSHost Tax Strategy and Tax Policies lies with the Tax Teams. The Tax Teams are responsible for the determination and implementation of Tax Policies in all the operating regions. The HMSHost Tax Strategy follows the business activities and not the other way around, meaning that tax is typically not a driver. The Tax Teams are responsible for establishing governance systems and controls that enable us to comply with the following commitments: