Tax transparency

Tax transparency

The payment of tax is crucial to the economic and social development of the markets in which we carry out our business activities. Our Tax Policy embraces the OECD Guidelines for Multinational Enterprises and prioritises the application of tax law precedents established by each country's authorities and courts.

Click on the types of taxes

Direct taxes(millions of euros)

1,087
110
737
822
8
TOTAL 2,764

Taxes collected(millions of euros)

122
13
681
2,585
1
TOTAL 3,402
Total tax contribution 6,166

Tax contribution by geographical region

We pay tax on the profits earned in each territory in which we operate. Spain represents 16.2% of our global sales, but its tax contribution -€1.69 billion- is the 27.4% of the global contribution, as it encompasses the main product-related activities. The effective rate of corporate tax paid in Spain was 22%.

We repudiate opaque tax structures that use SPVs in tax havens. The Group companies located in territories or countries deemed tax havens under Spanish law correspond to the sales made by our nine stores in Macao SAR and our store in Monaco.

€6.17B €2.76B €3.40B TOTAL TAXCONTRIBUTION (in euros) DIRECT TAXES TAXES COLLECTED EUROPE (WITHOUT SPAIN) SPAIN AMERICA ASIA & REST OF THE WORLD Others Taxes collected: 150M Direct taxes: 150M Click on the circles

Tax contribution along the value chain

Los impuestos generados por nuestra actividad se distribuyen a lo largo de toda nuestra cadena de valor y en todos y cada uno de los países en los que Inditex o sus proveedores tienen presencia.

PRODUCT ACTIVITIES Mainly located in Spain and nearby countries PRODUCTION DESIGN LOGISTICS €796 million Impuestosaduaneros €353 million Taxes associatedwith employment million €6,166 TOTAL TAXES million €1,087 Taxes on profits €245 million Taxes on properties,environmental and witholdings tothird parties €2,611 million Taxes onproducts €1,065 million Taxes associatedwith employment STORES 7.475 stores in 96 markets and 156 online markets STORE ACTIVITY

SDGs contributed to:

  • ODS 09