The Group, within the framework of the development of good practices in sustainability matters and with the purpose of offering, on a voluntary basis, greater transparency on tax information for the different stakeholders, calculates and publishes its Total Tax Contribution, highlighting the relevant economic and social function derived from its tax contribution.

Total Tax Contribution in 2021

Taxes borne	Total tax contribution 2021	Taxes collected
Tax on profits, mainly Corporate Income Tax (1) represents 74 % of total taxes borne that have been paid to the various tax authorities, mostly to the Spanish tax authority.	The Groups’ Total Tax Contribution during 2021 amounted to 775 million euros, 244 million euros corresponding to taxes borne and 531 million euros to taxes collected.	Of the total taxes collected during 2021, the taxes on goods and services are noteworthy, fundamentally Value Added Tax (1) which accounts for 80 % of the total.
[1] Understood as those indirect taxes equivalent to the Spanish VAT that are levied on consumption.

Total Tax Contribution by tax category