The main objective is the prevention of fiscal risk. The Tax Agency and twenty-seven of the country's main companies participate. Its creation was planned in the update of the Tax Fraud Prevention Plan and is a recommendation of the OECD. The Forum will strengthen the relationship between companies and the Tax Agency and opens the way to Corporate Social Responsibility in the tax field.

July 10, 2009. This morning the Large Companies Tax Forum was established, whose first meeting was attended by the general director of the State Tax Administration Agency (AEAT); management positions of the AEAT and representatives of the boards of directors and senior managers of the participating companies.

The Large Business Tax Forum has the mission of reinforcing transparency and trust in the relationship between the tax administration and large corporations in order to reduce fiscal risks. In the first instance, a group of companies attached to the Central Delegation of Large Taxpayers and that stood out for their volume, tax revenue, information provided, number of workers and geographical distribution were contacted. The initial participation of these companies will not prevent the possible incorporation of other companies. The agreements adopted in the Large Business Tax Forum will be of general application to all affected taxpayers.

The Large Companies Tax Forum will act on issues such as the prior analysis of the effects derived from the implementation or modification of formal obligations, the discussion of interpretative criteria of general interest or the establishment of more agile communication channels. Under no circumstances may the Forum imply privileged treatment for participating companies nor will individual files be analyzed.

The Forum is chaired by the president of the AEAT and Secretary of State for Finance and Budgets, Carlos Ocaña, and the members are the general director of the AEAT, as well as those responsible for the departments of Organization, Management, Inspection, Collection, Customs and Big contributors. On behalf of the companies, a member of the Board of Directors or a representative thereof will attend the meetings.

In 2005, with the implementation of the Tax Fraud Prevention Plan, the Central Delegation of Large Taxpayers was created, which houses the administrative and tax relationship with all large Spanish companies. 40% of the gross collection of the Tax Agency is carried out through this delegation. In November 2008, the Tax Fraud Prevention Plan was updated and the creation of the Large Business Tax Forum was proposed.

With the Large Companies Tax Forum, tax issues are incorporated into Corporate Social Responsibility, just as other areas of company action have been incorporated, such as technology or the environment. In this sense, the OECD recommends the creation of these groups to raise awareness among the boards of directors of companies that are ultimately responsible for tax strategies and their results.

After the first meeting of the Forum, three working groups will be created. The first to create a Code of good tax practices, the second to analyze the rationalization of indirect tax burdens and the third on transfer pricing. The working documents and conclusions of the Forum will be published on the AEAT website.

Companies participating in the Forum for Large Companies:

ACERINOX
ACS
BANCO SANTANDER
BBVA
CAJA MADRID
CEPSA
COFARES
EL CORTE INGLÉS
ENDESA
FCC
NATURAL GAS
GENERALI ESPAÑA
WAM ACQUISITION GROUP
IBERDROLA
IBERIA
INDITEX
LA CAIXA
MAPFRE CAJA MADRID
MERCADONA
MICHELIN SPAIN PORTUGAL
NORFIN HOLDER
RENAULT ESPAÑA
REPSOL YPF
SEAT ##
SIEMENS
TELEFÓNICA
VODAFONE