PROFIT BEFORE TAX
Main Business Activities
- Holding investments
- Upstream and Integrated Gas
Shell has had a presence in Barbados since 1982.
In 2017, Shell acquired Chevron Trinidad and Tobago Resources SRL (a Barbados incorporated entity and renamed Shell Trinidad and Tobago Resources SRL) as part of an acquisition from Chevron. Shell Trinidad and Tobago Resources SRL holds investments in LNG companies in Trinidad and Tobago. See Trinidad and Tobago for more details.
Country Financial Analysis
The statutory corporate income tax rate in Barbados varies from 0-5.5%, depending on the type of business activity and level of income in the entity.
The main revenues of Shell Barbados SRL were associated with investments in LNG activities in Trinidad and Tobago.
Shell did not pay corporate income tax in Barbados because dividends are not taxable.