The Aena Group manages the tax risk of its activity in order to prevent disputes with tax authorities.
The company analyses the possible tax implications of any economic operation, always adopting the most conservative alternative with the broadest acceptance in accordance with applicable regulations, interpretations and doctrinal pronouncements in order to avoid possible tax disputes.
By applying this tax liability management system, disputes with the tax authorities are minimal, limited to cases of differences in the application of non-sanctionable criteria.
In all litigation in which the company appears as an intervening party, in case of loss, they would not imply a negative effect either in terms of cash or in terms of results for the Group, to the extent that the taxes have been settled and paid. Which, in case of success, would imply a favorable result, both in terms of cash and results, for the Group.
The company currently has no pending tax disputes or tax evasion complaints.
The companies in the AENA tax group are open for tax inspection for 2017 and subsequent years; for Sociedad Concesionaria del Aeropuerto Internacional de Murcia SME, S.A., the first financial year open for tax inspection was 2018, when it joined the group.
Non-resident subsidiaries fill their tax returns on an individual or aggregated basis, in accordance with the applicable tax regulations in each country. The years open to inspection in relation to the main taxes vary for the different consolidated companies in accordance with the tax laws of each country, taking into account their relevant limitation periods.
In the countries where Aena has a significant presence, in general, the exercises open to inspection by the relevant administrations are as follows:
The last six years in the UK.
The last two years in Brazil.
At the end of the fiscal year 2021, no Group company has any tax inspection procedure open.