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The Red Eléctrica Group, within the framework of the development of good practices in corporate social responsibility 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.

€732 million in Total Tax Contribution in 2019, of which 251 million correspond to tax borne and 481 million to tax collected.
Learn more about the evolution of the Company’s Total Tax Contribution in recent years: See more
Tax on profits, mainly Corporate Tax (1) represents 80% of the total tax borne that has been paid to the various tax authorities, mostly to the Spanish tax authority.

Country by country report 2019
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Spain | Peru | Chile | Brasil | Other(1) | Total |
---|---|---|---|---|---|---|
Corporate tax | 195 | 4 | 1 | - | - | 200 |
(1) Amounts under 1 M€. |
1) The effective tax rate of Corporate Tax in 2019 stood at 24.27%. The Red Eléctrica Group publishes in its Annual Accounts, and quarterly in its Quarterly Results Report, the effective tax rate of Corporate Tax. Filing consolidated returns regarding Spain’s tax rate in force and the effective tax rate applicable to the Group can be found in the Group's Consolidated Annual Accounts.
Of the total taxes collected during 2019, tax on products and services stand out, fundamentally Value Added Tax(2) which accounts for 78% of the total.

Country by country report 2019
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Spain | Peru | Chile | Brasil | Other(1) | Total |
---|---|---|---|---|---|---|
Tax collected | 472 | 8 | 1 | - | - | 481 |
(1) Amounts under 1 M€. |
2) Understood as those indirect taxes equivalent to the Spanish VAT that are levied on consumption.
Total Tax Contribution by tax category

Tax on profits: 37 %
Tax on products and services: 53 %
Tax associated with employment: 9 %
Other Taxes: 1 %
Geographical distribution of the Total Tax Contribution

Related links
- Consolidated Annual Accounts 2019. Shareholding details.
- Sustainability Report 2019.Tax transparency.
- Socio-economic contribution of projects.Tax revenue.
- Tax Transparency Report 2019.