Update to Vodafone country-by-country taxation and total contribution to public finances overview
Vodafone today published an update to its voluntary disclosure of the Group's taxation and total contribution to public finances on a country-by-country basis to include financial information for the year ended 31 March 2015.
The report published today provides an updated overview of the Group's total contribution to public finances in each of its countries of operation, including direct and indirect cash taxes paid as well as non-taxation-based government revenue contributions such as spectrum fees.
In 2014/15, Vodafone contributed more than £9.3 billion in cash to public finances in the Group's countries of operation compared to £14.8 billion in 2013/14. The overall reduction in Vodafone's contribution is mainly as a result of the sale of the Group's US interests during 2013/14. In the UK, Vodafone paid £320 million in direct taxes in 2014/15.
Vodafone is one of very few multinational companies worldwide to make a voluntary disclosure on a country-by-country, 'actual cash paid' basis, including details and explanations of tax payments and key taxation matters.
The updated information can be found online at: www.vodafone.com/sustainability/tax2015
For further information:
Telephone: +44 (0) 7919 990 230
Vodafone is one of the world’s largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone has mobile operations in 26 countries, partners with mobile networks in 57 more, and fixed broadband operations in 17 markets. As of 31 December 2015, Vodafone had 461 million mobile customers and 13 million fixed broadband customers. For more information, please visit: www.vodafone.com.