Sustainability

Tax transparency

The Red Eléctrica Group is committed to comply with tax legislation and its tax obligations, and is engaged in fostering a cooperative relationship with Tax Administrations. Moreover, the contribution to the economic and social development derived from the Group’s tax contribution, made by means of the payment of taxes in all the territories in which it operates, is considered relevant.

Our commitment: clear and truthful information

A key element in achieving trust is to provide, with the utmost transparency and on a voluntary basis, clear and truthful information, necessary for the various stakeholders and to comply with legal and tax requirements.

KEY DATE
IN 2016

€681m
total tax
contribution

 

More than €2,545m
tax payments in the
2013-2016 period

 

44%
of value generated
​earmarked
for tax payments

 

98% of the
total tax contribution
made in Spain

 

35%
tax contribution
​compared to revenue