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Article

20 Dec 2019

Author:
Shell

Shell publishes new Tax Contribution Report

17 December 2019.

“Transparency is important for Shell - showing who we are and what we do is one of the best ways we can demonstrate the many contributions we make to society,” said Jessica Uhl, Shell Chief Financial Officer...The Tax Contribution Report provides information about the corporate income tax Shell paid in countries and locations in which we have a taxable presence across all our businesses.

In 2018, Shell companies paid $10.1 billion in corporate income tax and $5.8 billion in royalties around the world. On behalf of governments, we also collected some $48.2 billion in excise duties, sales taxes and similar levies on our fuel and other products...

In 2018, we endorsed a set of responsible tax principles developed by the B Team, a not-for-profit organisation whose mission is to help companies establish responsible business practices. The Tax Contribution Report is part of Shell’s commitment to these principles and includes country-by-country report data...

To read the Tax Contribution Report, go to www.shell.com/taxcontributionreport