109
2021 INTEGRATED MANAGEMENT REPORT
CORPORATE INCOME TAXES PAID BY THE COMPANY COUNTRY-BY-COUNTRY (MILLION )1
Besides corporate income tax, we are subject to other taxes, mainly excise duties. We are also responsible for collecting certain taxes that are immediately forwarded to the relevant tax authorities.
In 2021, including corporate income tax, Cepsa paid 2,677 million in taxes and collected 2,150 million.
INPUT AND OUTPUT TAXES
2021 2020 2019
42
10
1
7
1
66
2
-
4
-9
5
239
1
1
370
2
1
1
5
2
154
-4
2
3
5
2
92
1
2
268
-29
-
1
12
-
131
1
5
5
41
4
151
1
1
324
Spain2
Algeria3
Brazil
Canada
Colombia
United Arab Emirates
Italy
Malaysia
Netherlands
Peru
Portugal
United Kingdom
Singapore
Thailand
TOTAL
1 The exchange rate used for taxes paid in currencies other than the euro was the "average monthly exchange rate". 2 The figure for income tax payments in Spain in 2019 includes, as in previous years, only the payment of income tax in Spain on the profit obtained in 2019 under the
Spanish Chart of Accounts in the amount of 81 million and the refund of income tax overpaid in previous years in the amount of 110 million, so the figure shows a negative balance. A tax loss was posted in Spain in 2020 and 2021.
3 Includes rates applicable to the results obtained from the production of hydrocarbons that are higher than the general rates.
INPUT TAXES (MILLION ) OUTPUT TAXES (MILLION )
370 112 1301,5802,195 4402,677 2,150
Corporate income tax
Other OtherVATExcise duties
Excise duties
TOTAL TOTAL
