One of the ways Shell makes a meaningful financial contribution to the countries where we operate is by paying taxes. We have published our seventh annual Tax Contribution Report, which is part of our drive to be transparent about the revenues and profits we have made in those countries, and the taxes that we have paid to those governments. To see the full report, visit: https://lnkd.in/eeN25Md3
Fiscal transparency not only reinforces trust with governments and communities, but also reflects a genuine “social mortgage”: a commitment to reinvest in the countries where operations are conducted, generating development, well-being, and opportunities beyond core business activities. Congratulations to Shell for assuming this responsibility in such an open and consistent manner.
Doing business obligates partnership with the government and latter owns a significant portion to revenues. Right tax planning on deductibles and tax credits depending on the nature of your business will help you stay financially afloat.
Shell Transparency like this really matters. Clear reporting on where and how taxes are paid helps build trust and shows real commitment to responsible value creation.
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I am a graduate structural engineer who is passionate about civil engineering I have designed a lot of buildings even as a graduate engineer I am currently in need for employment in any construction or structural firm Be assured I will deliver 💯
Congratulations on the release of your 2024 report Claire Hotz de Baar