PROFIT BEFORE TAX
Main Business Activities
- Upstream and Integrated Gas
Shell has been present in Tunisia for almost 90 years. In 2011, Shell sold its Downstream business but continued its upstream exploration. When Shell acquired BG Group in 2016, we became the owner of producing offshore gas fields and their supporting facilities, a liquefied petroleum gas extraction plant, pipelines, storage and export terminals.
Country Financial Analysis
The statutory corporate income tax rate in 2019 in Tunisia was 10-35% (plus additional social solidarity contribution of 1%). A tax rate of 40-50% applied to Shell's upstream operations.
The tax paid comprises three instalments for 2019, and the fourth instalment and final payments for 2018 and previous years.