Message from the Chief Financial Officer
Shell’s approach to taxes
Special topics
Our tax data
Ireland
0 Employees
THIRD-PARTY REVENUES
$3,025,606
RELATED-PARTY REVENUES
$0
TOTAL REVENUES
$3,025,606
PROFIT BEFORE TAX
$2,021,926
TAX PAID
$0
TAX ACCRUED
$0
TANGIBLE ASSETS
$1
STATED CAPITAL
$1,283,564
ACCUMULATED EARNINGS
$(3,437,260)
Main Business Activities
- Downstream
Shell is present in Ireland through its participation in Shell and Topaz Aviation Ireland Ltd. (Shell interest 50%). The principal activity of the company is the marketing and distribution of aviation fuels.
Country Financial Analysis
The statutory corporate income tax rate in Ireland is 12.5%.
Revenues in 2019 fell as a result of the divestment of the Upstream business.
Profit is made predominantly from the dividends received from Shell and Topaz Aviation Ireland Ltd. which is exempt from profit tax.
Dividend
After payment of costs and taxes, a company may choose to make a dividend payment to its shareholders as a return on their investment in the company. After payments of dividends, any remaining surplus is termed ‘retained earnings’ and is available for reinvestment into the business.
View complete glossary
