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

Tax Responsibility 2021 seal

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.