Puerto Rico
0 Employees
-
Third-party revenues
$0
-
Related-party revenues
$22,059
-
Total revenues
$22,059
-
Profit before tax
$(10,249)
-
Tax paid
$0
-
Tax accrued
$0
-
Tangible assets
$0
-
Stated capital
$32,605,000
-
Accumulated earnings
$(27,748,176)
Main Business Activities
- Other support activities
Station Managers of Puerto Rico, Inc. (SMPR), wholly owned by The Shell Company (Puerto Rico) Limited, was sold to Shell Petroleum Company Limited in 2006. SMPR has no active operations but maintains a small reserve for potential residual financial obligations.
Country Financial Analysis
The statutory corporate income tax rate in Puerto Rico is 37.5%.
SMPR reported a small amount of revenue from interest earned. However, a loss before tax arose as a result of ongoing administrative and service costs, and no tax was paid or accrued.
