Country by country report 2017
Totals by group accrual cash rate tranche
(global data) - Amounts in millions of euros
Cash type tranches accrued | Number of companies | Number of Business | Benefit | Tax accrued | Effective rate s/profit |
---|---|---|---|---|---|
less than 5% | 32 | 229,597 | 28,884 | 421 | 1.5 |
From 5% to 10% | 13 | 48,062 | 5,917 | 397 | 6.7 |
From 10% to 15% | 16 | 93,811 | 6,637 | 838 | 12.6 |
From 15% to 20% | 16 | 52,026 | 8,314 | 1,486 | 17.9 |
From 20% to 25% | 15 | 80,877 | 7,133 | 1,632 | 22.9 |
More than 25% | 20 | 302,068 | 31,512 | 10,012 | 31.8 |
112 | 806,441 | 88,398 | 14,786 | 16.7 |
Distribution by type sections of each variable
Cash type tranches accrued | Number of companies | Number of Business | Benefit | Tax accrued |
---|---|---|---|---|
less than 5% | 28.6% | 28.5% | 32.7% | 2.8% |
From 5% to 10% | 11.6% | 6.0% | 6.7% | 2.7% |
From 10% to 15% | 14.3% | 11.6% | 7.5% | 5.7% |
From 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% | 17.9% | 37.5% | 35.6% | 67.7% |
The main data of the new model are summarized in the previous table: In 2017, 112 MNCs with Spanish headquarters presented the country-by-country report , with information by jurisdiction for a total of 14,996 subsidiaries (5,057 with tax domicile in Spain, 9,939 abroad), a global turnover of 806,441 million euros, global net profits of 88,398 million and a Tax on Companies accrued worldwide (declared liquid quota for the year) of 14,786 million . Also included is the breakdown of the variables (and their relative participation) by global effective rate brackets.
Taking into account the limitation of having net and not gross results, the global effective rate of these MNCs in 2017 was 16.7% . However, the distribution of the tax burden among the group is not homogeneous : 40.2% of the MNCs (45) accumulate 39.4% of the net profit but only contribute 5.5% of the worldwide tax accrued (their average effective rate is 3.1%), while another 31, 3% of companies (35) account for 78.7% of the global tax (with a global average effective rate of 30.1%).
Regarding the decrease recorded in the number of Spanish matrices included in the CBC 2017 report compared to the previous edition (they went from 134 in fiscal year 2016 to 112, 22 less), it is due to the performance of statistical purges to resolve presentation errors. of the companies, purifications consisting of excluding both the surrogate entities of other filers from form 231 (to eliminate duplications when consolidating with CbC data from other countries, understanding that the parent company will have already submitted another CbC in its own jurisdiction), as well as groups with jurisdiction of origin of the report other than Spain that do not arise from mergers or absorptions with other Spanish entities pre-existing in the previous year.
Totals by group cash paid tranche
(global data) - Amounts in millions of euros
Cash type tranches paid | Number of companies | Number of Business | Benefit | Tax paid | Effective rate s/profit |
---|---|---|---|---|---|
less than 5% | 22 | 149,044 | 23,522 | 313 | 1.3 |
From 5% to 10% | 16 | 48,228 | 6,093 | 489 | 8.0 |
From 10% to 15% | 19 | 187,767 | 14,794 | 1,845 | 12.5 |
From 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% | 23 | 211,718 | 28,949 | 9,186 | 31.7 |
112 | 806,441 | 88,398 | 15,017 | 17.0 |
Distribution by type sections of each variable
Cash type tranches paid | Number of companies | Number of Business | Benefit | Tax paid |
---|---|---|---|---|
less than 5% | 19.6% | 18.5% | 26.6% | 2.1% |
From 5% to 10% | 14.3% | 6.0% | 6.9% | 3.3% |
From 10% to 15% | 17.0% | 23.3% | 16.7% | 12.3% |
From 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% | 20.5% | 26.3% | 32.7% | 61.2% |
The previous table contains the same information, but with the tax paid in the year with a cash basis. As the amount declared to have been paid in 2017 is 1.5% higher than accrued, the global effective rate of tax paid is also higher ( 17.0% ).