EDF_REGISTRATION_DOCUMENT_2017

3.

ENVIRONMENTAL AND SOCIETAL INFORMATION − HUMAN RESOURCES Defining and implementing corporate responsibility

Taxes paid by the Group 3.1.5.2

in taxable profits of the subsidiaries in the UK and Italy. The effective tax rate (ETR) was 4.3% in 2017 (2) . The decline in the effective tax rate in 2017 was basically due

In 2017, the EDF group’s tax expense was €3,541 million (1) , a 3.1% decrease to the favourable outcome of claims in France in respect of the 3% withholding tax (€115 million) compared with 2016 (-2.3% in organic terms). Income taxes paid by on dividends paid (non-taxable income), reductions in tax rates in the US and the Group amounted to €771 million in 2017 (€838 million in 2016): the Belgium, and the disposal of certain equity interests at a reduced tax rate. €67 million decrease in corporation tax paid is essentially due to the significant fall In 2017 the Group uploaded its first country-by-country report (of data for financial year 2016) to the French tax authorities, in accordance with the provisions of Article 223 (5) c) of the French General Tax Code which follows the OECD’s recommendations.

DETAILS OF TAX PAID IN ALL THE COUNTRIES WHERE THE GROUP HAS SUBSIDIARIES (in millions of euros) 2017

2016

2015

France

488

445 117 151

1,041

Italy

13 29 76 84

47

UK

157

Egypt

46 70

30

Belgium Norway

168 (38)

(34)

(62)

China

2

n/s 20

7

Hungary

60 18

17 12 33

Poland

8

Brazil

2

31 (1) (4)

Portugal

-

4 5 5

US

9

The Netherlands

-

5

Canada Mexico

(2) 13 (1) (2)

(5)

16 n/s

-

Luxembourg

(1)

1

Chile

7 1 2 3

n/a

Vietnam

1

2 2

Singapore

-

Greece Japan Ireland

6

n/s n/s n/s n/s

-

-

n/s n/s

n/s

Switzerland

-

Germany

1 8

3

1

Spain

- - - -

n/s n/s

Austria

-

Denmark

n/s

- -

Israel

-

Russia Turkey

n/s n/s

n/s n/s n/s

n/s

- - - -

Bulgaria

- -

India

- -

South Africa

(1)

771

838

1,508

TOTAL

Laos (entity accounted for using the equity method)

6

2

3

778

840

1,511

TOTAL

n/a: not applicable; n/s: not significant.

See note 11 Taxes and Duties in the notes to the Consolidated Financial Statements. (1) See note 16 Taxes on Income in the notes to the Consolidated Financial Statements. (2)

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EDF I Reference Document 2017