Skip to main content

In January 2021, Ethical Consumer viewed the entry for Haier Group on the website, which was published in the USA by the Centre for Responsive Politics. This stated that in 2019 the company had spent $560,000 on lobbying and in the 2020 cycle had made $22,000 in political donations. Of this, $13,500 was donated to Republican candidates and $8,500 to Democrats. NOTE: OpenSecrets states: “The organization itself did not donate, rather the money came from the organization's PACs, their individual members or employees or owners, and those individuals' immediate family members. Organizations themselves cannot contribute to candidates and party committees. Totals include subsidiaries and affiliates.”


Open Secrets generic ref 2021 (5 January 2021)

In January 2021 Ethical Consumer viewed Haier Group Corporation family tree on the D&B Hoovers corporate database. This showed that the company had 11 subsidiaries in jurisdictions considered by Ethical Consumer to be tax havens at the time of writing: Hong Kong, Bermuda, Netherlands and Singapore. Of these, 5 were holding companies, which was a high risk company type for likely use of tax avoidance:
Haier Electronics Group Co., Ltd in Bermuda
Haier Europe Holding B.V. in Netherlands
Haier (HK) Investment Co., Limited in Hong Kong
Haier (Singapore) Management Holding Co. in Singapore
Haier International Co., Limited in Hong Kong

An internet search using the search terms “Haier tax policy statement country” found no country-by-country financial information or reporting (CBCR), nor clear public tax statement confirming that it was this company’s policy not to engage in tax avoidance activity or to use tax havens for tax avoidance purposes, nor did the company provide a narrative explanation for what each group entity located in a tax haven is for, and why it is not being used for purposes of tax minimisation.

Given that Haier Group Corporation had two or more high risk subsidiaries in jurisdictions on Ethical Consumer's tax haven list and no country-by-country financial information, nor adequate policy statement and narrative explanation, the company received Ethical Consumer's worst rating for likely use of tax avoidance strategies and lost a full mark under Tax Conduct.


Generic Hoovers ref (5 January 2021)