In partnership with PwC, EPRA conducted the first Total Tax Contribution (TTC) study
amongst its membership. The study revealed that the TTC and other payments to government in Europe is estimated to be €4.1 billion, comprising €1.7 billion in taxes borne, which are a cost to the REITs, €2.3 billion in taxes collected on behalf of tax authorities and €100 million in other payment to governments. As a whole, the study has gathered evidence-based data that for every €100 of turnover, an amount equivalent to €32.8 is contributed in taxes.

