Note 57 Tax
€ million |
2024 |
2023 |
Current tax expense |
-22 |
10 |
Movement in deferred tax |
-3 |
-9 |
Total |
-25 |
1 |
The effective tax rate was 24.8%. The difference with respect to the nominal rate (25.8%) is explained by permanent differences between the results for tax purposes and the commercial results reported by the entire group to the holding company.