Transparent and responsible taxation

In 2025 we maintained high tax contribution levels

The significant tax revenue generated by our businesses and activities comes straight from the company (taxes we pay) as well as through third parties: our customers, employees, and investors.

CFO and CTO letter

€13,265 M

Total taxes paid.

50%

Total percentage of our profit allocated to tax payments.

€7,308 M

Total environmental tax paid.

€9,922 M

Total taxes paid in Spain.

75%

Spain as a percentage of total taxes paid.

€6,088 M

Environmental taxes paid in Spain.

Tax compliance certificates

We've obtained UNE 19602 certification (Tax Compliance Management Systems), strengthening our orientation towards best practices in tax governance, legal certainty, and preventive management of tax risks as part of our culture of responsible compliance.

2025 Tax Transparency Award

We have received the 2025 Tax Transparency Award, presented by VBDO (Dutch Association of Investors for Sustainable Development). This recognition celebrates our commitment to exercising our tax obligations responsibly and applauds the principles established in our tax policy.

See the full report

Repsol, the largest taxpayer to obtain the Fair Tax Mark

The Fair Tax Mark is the gold standard granted by the Fair Tax Foundation in responsible tax conduct, and accredits compliance with a set of high-level indicators by this independent organization.

Go to Fair Tax Foundation

Download PDF (5.5 MB)

Repsol Sinopec Brasil: among the pioneering companies of the CONFIA pilot program

This recognition positions Repsol Sinopec as a reference in responsible taxation, strengthening its cooperation and transparency relationship with the Receita Federal.

Discover the certified companies (only available in Portuguese)

See Repsol Sinopec (in PT)

Download PDF (553.3 KB)

Committed to the Code of Best Tax Practices

Since 2015, we have submitted the Voluntary Tax Transparency Report to the AEAT (Spanish Tax Authorities), our commitment. The AEAT publishes the companies that submitted it between 2020 and 2023.

Spanish Tax Administration Agency

Maximum transparency in country-by-country corporate tax reporting

In 2018, we were the first Spanish company to voluntarily publish our country-by-country report. As a result, in 2024, the EU Tax Observatory gave us a score of 100/100 in transparency.

View report |PDF| 10,2 MB

Recognized as a highly transparent company

We were awarded the highest recognition in tax transparency: the "T for Transparent – Three Stars" seal from the Haz Foundation and first prize in the EU from the VBDO association.

Go to hazfundacion.org

Download PDF (5.62 MB)

Our tax strategy

We want to be recognized as a transparent and trustworthy company when it comes to our tax practices.

Responsible tax policy

We manage our tax affairs by applying good tax practices and align ourselves with the most stringent standards.

Learn about our best practices

Tax contribution

We duly pay our taxes wherever we operate by efficiently managing our tax obligations.

We are cooperative

Presence in tax havens

We do not have a significant presence in non-cooperative jurisdictions.

We are transparent

Cooperative relationships

We promote cooperative relationships with governments to avoid significant risks and unnecessary conflicts.

Discover our lines of action

Tax control framework

We prevent conduct that could give rise to significant tax risks.

Discover our management and control system

We act responsibly

The Repsol Code of Ethics and Conduct, approved by the Board of Directors of Repsol, S.A., regulates our model of behaviour in all our activities and operations beyond what is legally required.

As part of this compliance culture, we have zero tolerance for criminal offences and an obligation to prevent or mitigate the criminal risks faced by the Company. These include the prohibition of bribery of officials, including any improper payments to government entities as in the private sector, money laundering, or engaging in improper practices that may limit free competition.

We also have our own mechanisms for preventing corruption such as our Anti-Corruption policy, our crime prevention model, and our System of Internal Control over Financial Reporting.

Ethics and compliance>