Ibex 35 companies in tax havens

According to an analysis prepared by the CSR Observatory, which assesses the degree of transparency of the information provided by the companies, 32 out of thirty-five companies of the Ibex are present in tax havens in 2013. Delaware is the favorite offshore destination, is located there 222 Spanish companies. The report also notes that the quality of information provided by companies, is “still far from the minimum necessary to exercise accountability” and emphasizes that, only one, the BBVA informs its transparently activities and turnover generated, profits and taxes.