Payments overview
Key figures in 2021
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Total revenue and other income
$272.7 billion
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Total expenditure
$242.8 billion
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Profit before corporate income tax
$29.8 billion
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Corporate income tax paid [A]
$6 billion
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Taxation charge
$9.2 billion
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Effective tax rate
30.8%
OECD average corporate income tax rate
23.1%
[A] In 2021, we paid $5.7 billion of corporate income taxes and accrued $279 million of withholding taxes. This gives a total of $6 billion in income taxes and withholding taxes as reported in our country-by-country report. For more details, see the chapter on Our tax data.