Transparent and responsible tax policy

Managing our tax affairs by applying best practices and acting transparently

At Repsol, we are committed to efficiently and responsibly paying our taxes and promoting cooperative relations with governments, while avoiding significant risks and unnecessary disputes.

Our tax activity in 2021 can be summarized as:

€11.455 B

in total taxes paid

53%

of our profit is allocated to tax payments

35 countries

where we pay taxes

View our Tax Contribution Report

Learn more |PDF| 3 MB

Recognized as a highly transparent company

We were awarded the "T for transparent - Three stars" seal by Haz Fundación (highest recognition) for the quality of the tax information we publish. Additionally, we received the highest score in the best transparency and responsible tax practices ranking according to the Corporate Social Responsibility Observatory.

hazfundación.org

Committed to the Code of Best Tax Practices

We have submitted the Voluntary Tax Transparency Report to the AEAT (Spanish Tax Authorities) every financial year since 2015 to demonstrate our commitment to increased transparency. The AEAT published a list of the companies that produced this report in 2020.

Spanish Tax Administration Agency

Country-by-Country report

We were the first Spanish company to make public a country-by-country report on a voluntary basis and for the third consecutive year, acting ahead of best practices.

View report |PDF| 3.3 MB

Aligned with the highest transparency standards

We voluntarily comply with the latest international standards on responsible tax policy, such as the GRI-207, and follow the B-Team Responsible Tax Principles.

Open self-assessment |PDF| 803 KB

Our Global Sustainability Plan incorporates tax-related objectives.

Find out more |PDF| 11.4 MB