9 – Income Taxes

Income before income taxes (Million €)

 

H1

 

2021

2020

Germany

535

–1,074

Foreign

3,901

1,351

Income before income taxes

4,436

277

Income taxes

 

 

H1

 

 

2021

2020

Germany

Million €

125

32

Foreign

Million €

707

252

Income taxes

Million €

832

284

Tax rate

%

18.8

102.5

The tax rate in the first half of 2021 was 18.8% compared with 102.5% in the prior-year period. Income before taxes in the previous year included €819 million in non-tax-effective impairments of the shareholding in Wintershall Dea.