REPORT ON CORPORATE INCOME TAX INFORMATION

In compliance with chapter 10a of Directive 2013/34/EU (public country-by-country reporting)

Entity: The Western Union Company

Financial year: 2025-01-01 to 2025-12-31

Reporting currency: USD

Introduction

The EU Public country-by-country (CbC) report has been prepared to meet the requirements of Directive 2013/34/EU as amended by Directive (EU) 2021/2101 on the disclosure of income tax information. It provides high-level information on where the Western Union Group (the “Company”) earns its profits and pays income tax and follows the prescribed EU reporting template. This publication includes Spain-only data and has been prepared to meet Spain’s requirement to publish within six months of a company’s fiscal year end (i.e., June 30, 2026), which is earlier than the timeline applicable in other EU Member States. The Company will publish its full EU Public CbC report, which will include the relevant information as prescribed under the EU Directive, by December 31, 2026 (i.e., 12 months after the balance sheet date). Accordingly, this version should not be viewed as representative of the Company’s complete EU operations.

Section 1 — General information

FieldValue
Name of the ultimate parent of the group / of the standalone undertakingThe Western Union Company
Country where the ultimate parent has its registered officeThe United States of America
Financial Year – start date2025-01-01
Financial Year – end date2025-12-31
Reporting currencyUSD
Is the information in the report based on reporting instructions used for tax purposes, pursuant to Section III, Parts B and C, of Annex III to Directive 2011/16/EU (yes/no)?Yes
Name and registered office of a single subsidiary undertaking which has published the report on income tax information of an undertaking that is not governed by the law of a Member StateN/A
Name and address of a single branch which has published the report on income tax information of an undertaking that is not governed by the law of a Member StateN/A
Language of reportEnglish – en

Section 2 — Overview of information on a country-by-country basis

Tax jurisdictionCountry codeRevenuesProfit (loss) before income taxIncome tax paid – on cash basisIncome tax accrued – current yearAccumulated earningsNumber of employeesRevenues from transactions with related partiesRevenues from transactions with non-related partiesTangible assets other than cash and cash equivalentsStated capitalPublic subsidies received
SpainES66,577,3984,396,1311,843,294.61,780,74299,440,82414866,221,845355,553530,5653,747,4190

Section 3 — List of subsidiaries and activities

Member State or tax jurisdictionCountry codeName of each subsidiary undertaking in the Member State or tax jusridictionBrief description of the nature of activities in the Member State or tax jurisdiction
SpainESWestern Union Retail Services Spain S.A.Western Union Retail Services Spain S.A (“WURS Spain”) operates as a commercial agent, engaged by a related European payment institution operating pursuant Directives 2007/64/EC (the “Payment Services Directive” or “PSD”) through another Western Union Affiliate on the basis of intercompany arrangements. In particular, WURS Spain engages PSD licensed agents to offer the money transfer service to the public and supports in the settlement of agent funds. As of December 2022, WURS Spain also directly offers the money transfer service to the public as a PSD licensed agent of a related party.
SpainESWestern Union Payment Services Ireland Limited, Office SpainWestern Union Payment Services Ireland Limited, Office Spain operates as a branch of a payment institution regulated by the Central Bank of Ireland performing primarily anti-money laundering activities.
SpainESWestern Union Services S.L.Western Union Services S.L. is historic equity holding entity that is now a dormant entity with no activity.
SpainESWestern Union Money Exchange, S.A.Western Union Money Exchange, S.A. was dormant for 2025.

Section 4 — Omitted information

FieldValue
Information omitted (if any) for this financial yearNone
Information omitted (if any) for this financial year, other tax jurisdictionNone
Explanation of reason for omission of informationN/A
Information omitted in previous financial years, which is disclosed in this financial year (if any)None

 
Information omitted in previous financial years, disclosed in this financial year: None

Section 5 — Explanations for material discrepancies between income tax paid and accrued

FieldValue
Explanations on material discrepancies between amounts of income tax accrued during the relevant financial year and amounts of income tax paid on a cash basis as disclosed in Section 2, where applicable at group level, considering where appropriate corresponding amounts concerning previous financial yearsNone