Vendor of the website
TRUMPF GmbH + Co. KG (Holding)
Phone +49 7156 303-0
Fax +49 7156 303-930309
Dr. phil. Nicola Leibinger-Kammüller (Chairwoman)
Dr.-Ing. E. h. Peter Leibinger (Vice Chairman)
Dr. rer. pol. Lars Grünert
Dr.-Ing. Mathias Kammüller
Dr.-Ing. Heinz-Jürgen Prokop
Dr.-Ing. Christian Schmitz
Chairman of the Administrative Board:
Dr. rer. nat. Jürgen Hambrecht
Amtsgericht Stuttgart HRA 201460
VAT Identification No. DE 146 019 590 PhG
Berthold Leibinger GmbH, Sitz Ditzingen
Amtsgericht Stuttgart (local court) HRB 200720
TRUMPF LTD is the UK sales and service subsidiary of the TRUMPF Group. The TRUMPF Group is an international group with its head office in Germany/Ditzingen. The high-tech company TRUMPF provides manufacturing solutions in the fields of machine tools and laser technology. These are used in the manufacture of the most diverse of products, from automotive, building technology and mobile devices to state-of-the art power and data storage. As an independent family business, TRUMPF thinks and acts long-term. TRUMPF stands for highly innovative products and services that are absolutely reliable and applicable for industrial use.
TRUMPF was founded in 1923 as a series of mechanical workshops, and has since developed into one of the world's leading companies for machine tools, laser technology and electronics for industrial applications. With about 12,000 employees, the company generated a turnover of 3.10 billion Euros in the 2016/17 financial year. TRUMPF is and will remain a family business.
TRUMPF stands for quality, excellent products, highly efficient processes and outstanding results. The success of TRUMPF derives from the fact that TRUMPF lives common values and aspire to share objectives. TRUMPF has company principles which are intended to contribute towards clarifying these values and objectives and to make them an integral part of the company. They therefore describe the nature and scale of the activities and the way TRUMPF treat one another. The company principles are binding at all times for everyone who works in the company and are available here: https://www.trumpf.com/en_GB/company/trumpf-group/companyprinciples/.
In 2009 TRUMPF introduced a compliance program. An integral part of this program is the TRUMPF Code of Conduct. This outlines the basic rules which TRUMPF expects the management and all employees to comply with as regards ethically appropriate behaviour during business transactions across the globe. The TRUMPF Code of Conduct is available here: https://www.trumpf.com/en_GB/company/trumpf-group/companyprinciples/compliance/
One of the principles stated within the Code of Conduct is that the laws and statutes of the countries in which TRUMPF does business must be complied with. This corresponds to the fundamental values and applies regardless of the threat of prosecution. Unlawful actions are not in the interest of the company because they are unethical, lead to a serious loss of reputation and can result in criminal prosecution, civil damages and loss of business.
A further principle is that TRUMPF does not engage in tax evasion or subsidy fraud and TRUMPF does not aid and abet such behavior. The assessment of tax or subsidy matters is often difficult. In case of doubt, the supervisor has to be consulted or the issue has to be clarified by the Group Tax Department.
The primary objective of the Group Tax Department is to protect the assets of the TRUMPF Group, and thus the family assets of the owner family, in compliance with the TRUMPF code of conduct with regard to tax matters and taking into account the corporate principles of the TRUMPF Group. To this end, the Group Tax Department has the authority to issue policies for the Group as a whole. The Group Tax Department is responsible for implementation of these policies and for revising their contents. The Group Tax Department’s activities are aimed at ensuring that all tax-related requirements are complied with in the TRUMPF Group (“tax compliance”) while at the same time making use of legal and legitimate options provided by the tax legislation. Specifically, this means that TRUMPF
- is a responsible company also from a tax perspective and take TRUMPF’s corporate social responsibility seriously at all locations.
- works together with public institutions, local tax authorities and our auditors in a constructive manner, but also – where necessary – defend the tax law opinions by exploiting the legal options and taking account of any non-tax aspects.
- takes a constructive, service- and solutions-oriented stance towards departments and entities within the TRUMPF Group while, whenever necessary, insisting that they comply with legal requirements.
- undertakes active tax planning exclusively for economic reasons on the basis of TRUMPF’s business model and corporate values, but not in any abusive or aggressive manner or any way that would damage the Group’s reputation.
- represents the justified tax interests of the TRUMPF Group directly and indirectly, e.g., via active involvement in associations, thereby lobbying for our own concerns and those of the industry overall.
- pursues proactive risk management in order to reduce the tax risks for the Group as well as personal risks for those involved.
The TRUMPF Board (GLS) has the task of ensuring that all tax processes are identified, implemented and documented consistently within the TRUMPF Group. It delegates this task to its Chief Financial Officer, who delegates this task to the Head of Group Taxes where it relates to the responsibilities of the Group Tax Department and to the management of each foreign entity responsible for tax compliance and for implementation of the tax strategy in accordance with this policy. This applies regardless of whether GLS uses its own functions or a functional department to fulfill these duties or outsources this task to an external provider. It is therefore GLS’s task to ensure – by means of suitable processes and by monitoring these – that these duties are fulfilled. Such processes include all departments within the company that are involved in the origin, assessment and processing of tax matters.
Relationship with the HMRC
TRUMPF Ltd seeks to have a transparent and constructive relationship with HMRC. When submitting tax computations and returns to HMRC, Trumpf Ltd discloses all relevant facts and identifies any transactions or issues where it considers there is a potential for the tax treatment to be uncertain. Any inadvertent errors in submissions made to HMRC are fully disclosed as soon as reasonably practicable after they are identified.
Modern Slavery Act Statement