8 – Income Taxes

Income before income taxes (Million €)

 

H1

 

2020

2019

Germany

(1,136)

406

Foreign

1,413

1,443

Income before income taxes

277

1,849

Income taxes

 

 

H1

 

 

2020

2019

Germany

Million €

32

133

Foreign

Million €

252

310

Income taxes

Million €

284

443

Tax rate

%

102.5

24.0

The increase in the tax rate from 24.0% to 102.5% was mainly due to the non-tax-effective impairment of the shareholding in Wintershall Dea GmbH.