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20 Dec 2019

Shell publishes detailed report of tax payments

On 17 December 2019, Shell published a new tax report, which breaks down the company's tax payments on a country-by-country basis. Shell is now the first multinational corporation to disclose its global tax payments in such detail. Oxfam commended this step towards transparency, arguing that this report demonstrates that thorough disclosures by multinational companies are possible, and do not affect competitiveness or entail excessive administrative costs.