This global strategy applies to Creative Artists Agency (CAA) including all UK entities in the group headed by CAA LLC (“UK CAA”). This document will be made available to all stakeholders and published online. This document will be kept under regular review.

UK CAA considers that this publication satisfies the requirements of Schedule 19, Finance Act 2016 to publish a UK tax strategy for the financial year beginning on the 1st October 2023 and outlines the approach to conducting its tax affairs and dealing with tax risk. 

CAA is a responsible taxpayer, committed to compliance with all applicable tax laws, rules, regulations, practice and reporting and disclosure requirements.

This document has been reviewed and approved by the Board of Directors of UK CAA.

Compliance with tax laws and tax planning

CAA’s Code of Ethics & Business Conduct and related policies underpin the expectation that all employees operate with honesty and respect to ensure compliance with applicable laws and regulations. Employees should apply diligence and care in the management of our processes and procedures to ensure that our tax governance is appropriate.

Our tax strategy is aligned with our business strategy: we are committed to acting responsibly and professionally to manage all taxes across CAA. We will not engage in tax planning that is artificial, abusive or does not have a business purpose. We seek to structure transactions in the most tax efficient manner, in compliance with relevant laws and regulations.

Governance and tax risk management

The Head of Tax for CAA, who reports directly to the global Chief Financial Officer, has overall responsibility for overseeing tax strategy and managing tax risk. CAA dedicates resources to supporting a team of in-house tax professionals responsible for the day-to-day management of the group’s tax affairs with the assistance of external professional advisors and compliance providers.  Tax risks are identified through the control environment and communication channels between the tax team and relevant business personnel. CAA also operates a global Ethics Hotline.

The delivery of this tax strategy is supported by Legal, Ethics and Compliance, Human Resources, Finance and Accounting teams across CAA on a global basis.

The Senior Management of CAA - including the Global CFO, President of CAA, Executive Vice President Business and Legal Affairs - meet weekly to discuss operational and compliance matters, where tax risks may be raised.  These discussions will include material changes in tax legislation that may impact CAA (including UK CAA).

CAA does not accept any form of conduct that facilitates the evasion of tax. CAA is committed to ensuring that it has reasonable procedures in place to prevent tax evasion by anyone acting on its behalf.

Given the nature of UK CAA business, risks inevitably arise from time to time in relation to interpretation of complex tax laws. Where the application of tax law is complex or the level of uncertainty is high, UK CAA engages external accounting firms and/or law firms to obtain appropriate advice.

Approach towards dealings with HMRC

CAA works in a collaborative, open, transparent and proactive manner with the revenue authorities and policy makers. We interact with these bodies in a professional, courteous and timely manner.