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Responsible tax policy
  • Transparent management

    We are committed to managing our tax affairs by applying good practices and acting transparently. We pay our taxes responsibly and efficiently, and we foster cooperation with governments, thus avoiding serious risks and unnecessary conflicts.
  • Our tax strategy: responsible and cooperative

    Gif animado de dos personas estrechándose la mano

Tax contribution by country

In 2017, we paid €11.979 billion in taxes and similar public charges in over 40 countries and filed more than 54,000 tax returns, which represents a 53.5% of our net income for 2017.
  • Millones de euros es la cantidad a la que asciende la inversión social de Repsol
    €11.979 B
    paid in taxes in 2017
  • De toneladas anuales es la cantidad de emisiones de CO2

    53.5%

    of our net income was paid in taxes in 2017
  • Objetivos de seguridad y medio ambiente
    40+
    countries where we paid taxes in 2017
Transparencia

Transparency

We commit to making public transparency one of the pillars for guiding our approach to our tax function.

Our way of doing things

Efficient management
Tax risk management
Cooperative Relations and Environment
Una gestión eficiente

Efficient management

We perform efficient tax cost and benefit management to fulfill our tax obligations while creating value for shareholders.
Gestión de riesgos fiscales

Tax risk management

We implement responsible tax policies to help prevent behavior that could lead to serious tax risks.
Relaciones Cooperativas y Entorno

Cooperative Relations and Environment

We collaborate with administrations in detecting fraudulent tax practices, facilitate access to information, and prioritize non-litigious means of resolving conflicts.

Related links

  • Corporate

    tax policy

  • Consolidated

    management report

  • Consolidated

    annual statements

  • Repsol's tax strategy

    in the UK