Country-by-Country Report 2017
Totals by Group Effective Accrual Rate Tranche
(world-wide data) - Amounts in millions of euros
Effective rate tranches accrued | Number of companies | Number of Business | Benefit | Tax accrued | Effective rate s/benefit |
|---|---|---|---|---|---|
| Less than 5% of the total | 32 | 229,597 | 28,884 | 421 | 1.5 |
| 5% to 10%. | 13 | 48,062 | 5,917 | 397 | 6.7 |
| 10% to 15%. | 16 | 93,811 | 6,637 | 838 | 12.6 |
| 15% to 20%. | 16 | 52,026 | 8,314 | 1,486 | 17.9 |
| From 20% to 25%. | 15 | 80,877 | 7133 | 1,632 | 22.9 |
| More than 25% of | 20 | 302,068 | 31,512 | 10,012 | 31.8 |
| 112 | 806,441 | 88,398 | 14,786 | 16.7 | |
Distribution by rate brackets of each variable
Effective rate tranches accrued | Number of companies | Number of Business | Benefit | Tax accrued |
|---|---|---|---|---|
| Less than 5% of the total | 28.6% | 28.5% | 32.7% | 2.8% |
| 5% to 10%. | 11.6% | 6.0% | 6.7% | 2.7% |
| 10% to 15%. | 14.3% | 11.6% | 7.5% | 5.7% |
| 15% to 20%. | 14.3% | 6.5% | 9.4% | 10.1% |
| From 20% to 25%. | 13.4% | 10.0% | 8.1% | 11.0% |
| More than 25% of | 17.9% | 37.5% | 35.6% | 67.7% |
The main data of the new model are summarised in the table above:in 2017, the country-by-country report was presented by 112 Spanish-based MNEs, with information by jurisdiction on a total of 14,996 subsidiaries (5,057 with tax domicile in Spain, 9,939 abroad), a worldwide turnover of 806,441 million euros, global net profits of 88,398 million euros and worldwide accrued Corporation Tax (declared net tax liability for the year) of 14,786 million euros.The breakdown of the variables (and their relative shares) by global effective rate brackets is also included.
Bearing in mind the limitation of having net rather than gross results, the global effective rate of these NQFs in 2017 was 16.7%.However, the distribution of the tax burden among the group is not homogeneous:40.2% of MNEs (45) accumulate 39.4% of net profit but only contribute 5.5% of the global tax accrued (their average effective rate is 3.1%), while another 31.3% of companies (35) account for 78.7% of global tax (with an average effective global rate of 30.1%).
The decrease in the number of Spanish parent companies included in the CbC 2017 report with respect to the previous edition (from 134 in 2016 to 112, 22 fewer) is due to the statistical purges carried out to resolve company filing errors, purges consisting of excluding both the subrogated entities of other filers of form 231 (to eliminate duplicates when consolidating with CbC data from other countries, on the understanding that the parent company will have already filed another CbC in its own jurisdiction), and the groups with a jurisdiction other than Spain that do not arise from mergers or takeovers with other pre-existing Spanish entities in the previous year.
Totals by Group Effective Paid Rate Tranche
(world-wide data) - Amounts in millions of euros
Effective rate tranches paid | Number of companies | Number of Business | Benefit | Tax paid | Effective rate s/benefit |
|---|---|---|---|---|---|
| Less than 5% of the total | 22 | 149,044 | 23,522 | 313 | 1.3 |
| 5% to 10%. | 16 | 48,228 | 6,093 | 489 | 8.0 |
| 10% to 15%. | 19 | 187,767 | 14,794 | 1,845 | 12.5 |
| 15% to 20%. | 11 | 35,565 | 2,561 | 423 | 16.5 |
| From 20% to 25%. | 21 | 174,119 | 12,478 | 2,761 | 22.1 |
| More than 25% of | 23 | 211,718 | 28,949 | 9186 | 31.7 |
| 112 | 806,441 | 88,398 | 15,017 | 17.0 | |
Distribution by rate brackets of each variable
Effective rate tranches paid | Number of companies | Number of Business | Benefit | Tax paid |
|---|---|---|---|---|
| Less than 5% of the total | 19.6% | 18.5% | 26.6% | 2.1% |
| 5% to 10%. | 14.3% | 6.0% | 6.9% | 3.3% |
| 10% to 15%. | 17.0% | 23.3% | 16.7% | 12.3% |
| 15% to 20%. | 9.8% | 4.4% | 2.9% | 2.8% |
| From 20% to 25%. | 18.8% | 21.6% | 14.1% | 18.4% |
| More than 25% of | 20.5% | 26.3% | 32.7% | 61.2% |
The above table shows the same information, but with the tax paid in the year on a cash basis.As the amount reported paid in 2017 is 1.5% higher than the amount accrued, the worldwide effective rate of tax paid is also higher (17.0%).