The Intesa Sanpaolo Group complies with the tax laws as a duty of citizenship and in the belief that this is a fundamental contribution towards the community in which it operates. Intesa Sanpaolo's positive impact in this respect is confirmed by the disclosed forecast in the Business Plan of a total contribution from 2014 to 2017 of approximately 10 billion euro, an amount comparable to a stability law.

During 2015, the Group, in addition to indirect taxes of around 919 million euro, recorded accrued direct taxes for the year of 1,594 million euro, for the most part in Italy, where the majority of operating income was earned, as per the table below.

Direct taxes in 2015ItalyEuropeRest of the world
Tax contribution 1,245 300 49
Operating income 13,311 2,909 929

Intesa Sanpaolo implemented special internal rules aimed at strengthening the commitment to combat activities in tax havens, envisaging the introduction of specific supervisory measures upon entry of the Group into new markets, with assessment of tax risks connected to operations in legal systems with little transparency and/or through particularly complex corporate structures with limited transparency in terms of ownership. Moreover, new rules for the management and monitoring of tax risks connected to the transactions of customers established in Italy were defined. The Tax Control office, in charge of tax process monitoring and assurance was also set up.