Tax contribution

Tax contribution

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.

Learn more about the evolution of the Company’s Total Tax Contribution in recent years. See more

Total Tax Contribution by tax category

The Total Tax Contribution of the Group (775 M€) is distributed according to the following tax categories:

Taxes on profits (32 %),
taxes on goods and services (56 %),
taxes associated with employment (9 %) and other taxes (3 %))


Geographical distribution of the Total Tax Contribution

The Total Tax Contribution of the Group to public administrations in all the countries in which it operates amounted to 775 million euros in 2021, with Spain being the legal tax authority with the highest tax contribution (97 %).

The revenue of the Group is mainly in Spain (92%).