Tax contribution
The Group, within the framework of the development of good practices in sustainability matters and with the purpose of offering, on a voluntary basis, greater transparency on tax information for the different stakeholders, calculates and publishes its Total Tax Contribution, highlighting the relevant economic and social function derived from its tax contribution.
| Total tax contribution 2022 | Taxes borne | Taxes collected |
|---|---|---|
| Redeia’s Total Tax Contribution during 2022 amounted to 966 million euros, 432 million euros corresponding to taxes borne and 534 million euros to taxes collected. | Tax on profits, mainly Corporate Income Tax represents 84% of total taxes borne that have been paid to the various tax authorities, mostly to the Spanish tax authority. | Of the total taxes collected during 2022, the taxes on goods and services are noteworthy, fundamentally Value Added Tax (1) which accounts for 79% of the total. [1] Understood as those indirect taxes equivalent to the Spanish VAT that are levied on consumption. |
Learn more about the evolution of the Company’s Total Tax Contribution in recent years.