Company: ACCO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024931
Chunk: 117

Company: ACCO BRANDS Corp
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1A
Chunk 117
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 occur in one or more jurisdictions in which we operate that may materially impact the cost of operating our business. 

In addition, the potential exists for significant legislative policy change in the taxation of multinational corporations, as has recently been the subject of the “Pillar One” and “Pillar Two” initiatives of the Organization for Economic Co-operation and Development, the European Union Anti-Tax Avoidance Directives, and legislation inspired or required by those initiatives. It is also possible that some governments will make significant changes to their tax policies in response to factors such as budgetary needs, feedback from the business community and the public view on applicable tax planning activities. Further, interpretations of existing tax law in various countries may change due to the regulatory and examination policies of the tax authorities and the decisions of courts.

Adverse or unanticipated tax consequences can negatively impact our performance. We are uncertain as to the ultimate results of these potential changes or what their effects will be on our business.

For additional information on the impact of recent changes in tax legislation, see "Note 11. Income Taxes" to the consolidated financial statements contained in Part II, Item 8. of this report.

Laws, rules and regulations and self-regulatory requirements that affect our business, including the costs of compliance, as well as the impact of changes in such laws, could materially adversely affect our business, reputation and results of operations.

We are subject to national, state, provincial and/or local laws, rules and regulations, as well as self-regulatory requirements, in numerous countries due to the nature of our operations and the products we sell, including: 

•Laws and regulations applicable to U.S. public companies with securities listed on the New York Stock Exchange;

•Delaware corporate law and laws relating to corporate governance; 

•International trade laws, including tariffs, trade sanctions and embargoes;

•Tax laws;

•Privacy and data security laws and self-regulatory requirements regarding the acceptance, processing, storage and transmission of credit card data;

•Anti-bribery, anti-corruption and anti-money laundering laws;

•Laws governing fair competition and marketing and advertising, including laws and regulations regarding "green" claims; and 

•Environmental laws, including laws relating to the use, discharge and emission of certain materials (including hazardous substances), waste disposal, GHG emissions and other discharges to air, soil and water; 

•Laws governing the toxic chemicals and materials in the products we sell, including PFAS;

•Product safety laws; 

•Laws