In 2016, the Repsol Group's total tax contribution amounted to 43.1%. This means that 43.1% out of the total net income before tax went to paying taxes.
To understand the tax contribution paid by the Repsol Group, the following criteria must be taken into consideration:
We are aware of our responsibility in the the economic development of the communities in which we are present and that our contributions represent a significant part of the economy in the countries where we operate. Our taxes represent a significant contribution to the economies of the countries where we carry out our activities, and we are therefore committed to: