8 – Income taxes

Income before taxes and minority interests (million €)

 

 

1st half

 

 

2018

2017

Germany

 

925

1,336

Foreign

 

3,499

2,970

Income before taxes and minority interests

 

4,424

4,306

Income taxes

 

 

 

1st half

 

 

 

2018

2017

Germany

 

million €

239

375

Foreign

 

million €

904

595

Income taxes

 

million €

1,143

970

Tax rate

 

%

25.8

22.5

The year-on-year increase in the tax rate in the first half of 2018 was primarily the result of stronger earnings contributions in countries with higher tax rates, especially Norway.