Country by country data Country Snapshot 2016 Audited Audited Unaudited Audited Unaudited Unaudited Unaudited Unaudited Audited Audited Social Bank Other Public Average Profit/(loss) Total tax Corporation Security levy taxes subsidies number of Turnover before tax paid tax paid paid VAT paid paid paid received employees a Country Commentary £m £m £m £m £m £m £m £m £m United We are one of the largest banks in the UK, with operations 15,067 3,426 1,463 121 374 497 391 80 – 46,486 Kingdom spanning all business units. Various factors mean that the profitwereportasbeingearnedintheUKdiffersfromthe profitsonwhichwearesubjecttoUKcorporationtax.In particular,beingaUKheadquarteredbank,theprofit figureincludesdividendsreceivedfromoverseas subsidiaries, which are not taxed in the UK as they have already been taxed in the local jurisdiction. In addition, during 2016 we disposed of a number of investments on which the gains are exempt from corporation tax. Our UK taxableprofitsin2016werereducedthroughtheoffsetof tax losses brought forward from previous years. The amount of corporation tax we paid in 2016 was further reduced because we had overpaid in previous years and this overpayment was offset against our 2016 payments. United States OurprincipalUSactivitiesincludeasignificantand 7,196 1,667 184 85 78 4 – 17 – 9,741 wide-ranging corporate and investment banking business and Barclaycard operations. We pay US taxes, including federal, state and local corporate income taxes, on the profitsfromthoseactivities.OurUStaxableprofitswere reduced in 2016 due to the offset of tax losses brought forward from previous years. South Africa Barclays Africa Group Limited owns Absa Bank, a 2,923 823 293 224 10 54 – 5 – 30,445 household name in South Africa, which provides a full range of banking services including personal and corporate banking, investment banking, wealth and insurance.Profitsaretaxedlocallyatratesinexcessofthe UK corporation tax rate. Singapore Singapore is a regional hub for our investment banking 742 93 16 4 12 – – – – 2,125 operations and also provides corporate banking facilities. The sale of our Singapore wealth and investment management business was completed during 2016. We alsoemployasignificantnumberofback-officeand support staff in Singapore. Our Singaporean activities are taxed locally at below the UK corporation tax rate. The corporationtaxpaidin2016relatestoprofitsearnedin 2015. Luxembourg Luxembourg continues to be an important location for the 551 532 12 9 – 3 – – – 42 bank. We carry on investment banking and treasury activity in Luxembourg, including equities business, raisingandprovidingfinancingfromandtoclients,and funding our international operations. Luxembourg tax was notpaidonthegreatmajorityoftheprofitsduetoeither an offset of tax losses, or as a result of dividends not being taxed under Luxembourg law. Germany Our business in Germany comprises investment banking, 384 94 65 54 6 5 – – – 713 corporate banking and Barclaycard operations, locally taxed at rates in excess of the UK corporation tax rate. The amount of corporation tax paid in 2016 was high relative totheprofitsgeneratedasaresultofadditionalamounts of corporation tax being paid in respect of prior years. Japan Wehavesignificantinvestmentbankingandpersonaland 320 53 (1) (9) 6 2 – – – 518 corporate banking operations in Japan. The amounts of tax we recovered include corporation tax repayments in respect of amounts overpaid in previous years. India Our business in India comprises investment banking and 265 162 71 62 8 1 – – – 13,606 personal and corporate banking operations. We also employ alargenumberofback-officeandsupportstafftosupport international operations and technology development. These activities are locally taxed at rates above the UK corporation tax rate. Hong Kong Hong Kong is a regional hub for our investment banking 250 (13) 7 7 – – – – – 543 activity and also provides corporate banking facilities. The sale of our Hong Kong wealth business was completed during 2016. Kenya Our Kenyan operations span all business units and are 249 84 30 23 1 6 – – – 2,845 taxed locally at a rate higher than the UK corporation tax rate. France During 2016, our French operations spanned all business 222 (497) 68 – 58 10 – – – 1,173 units. We announced the sale of our retail (including wealth) and insurance businesses during 2016 and this is expected to complete during 2017. a A list of the main entities that Barclays operates through around the world and which together contribute over 90% of the Group’s turnover can be found within the Citizenship section of our website.  BarclaysPLCCountrySnapshot2016 • 13