Isle of Man
PROFIT BEFORE TAX
Main Business Activities
- Other support activities
Shell has two inactive companies in the Isle of Man, which were acquired in 1999 as part of the acquisition of Pennzoil-Quaker State. These entities are in the process of being liquidated.
Shell’s current operations on the Isle of Man are now limited to the administration and provision of marine personnel for shipping. The income generated from these activities is included in the UK section of this report.
Country Financial Analysis
The statutory corporate income tax rate in the Isle of Man is 0%.
The profit before tax is a result of foreign exchange movements during 2019.