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Open to dialogue

Shell welcomes the opportunity to work with others in areas of shared interest. Our approach to tax considers the interests of relevant stakeholders. Through engagement with thought leaders, other companies, investors and civil society, we stay informed of developments that may impact our business.

We regularly engage with policymakers to support the development of tax rules and regulations based on sound tax policy principles. In this way, we hope to contribute to the development of fair, effective and stable tax systems.

We also provide constructive input to industry groups and international organisations, such as the Extractive Industries Transparency Initiative (EITI), the B Team Responsible Tax Working Group (B Team) and Business at OECD, an international business network. 

Shell contributed to updating the Best Practices for Business Engaging with Tax Authorities in Developing Countries [A], launched by Business at OECD in November 2022. The updated best practices can be used to support efficient and effective tax policy administration. We endorse these principles and aspire to use them. Read more in Our work with the EITI.

[A] Source: Business at OECD (BIAC), Statement of Best Practices for engaging with tax administrations in developing countries, November 2022

Internal voice

Christopher Rice, EVP Taxation and Corporate Structure, Shell (photo)

Christopher Rice

EVP Taxation and Corporate Structure, Shell

Shell is committed to tax transparency and I am very proud that Shell continues to be a front runner in this space. Our journey began in 2003 with the EITI and in 2018 we signed up to the B Team principles. We strongly advocate tax transparency and we will continue to share more information about our tax affairs.

The Tax Contribution Report gives stakeholders, from governments to communities, an annual update on our tax contribution, and shares our views on tax developments and emerging trends.

Tax has a vital role to play in the energy transition. For the transition to be fair and just, governments, industry and society must all play a role.

EITI stands for the Extractive Industries Transparency Initiative. This is a global standard for the good governance of resources like oil and gas. EITI requires disclosure of information such as publication of data showing how much money governments receive from resource extraction.
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OECD stands for the Organisation for Economic Co-operation and Development which is an intergovernmental economic organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade.
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The B Team
The B Team is a not-for-profit initiative aimed at ensuring that business becomes a driving force for social, environmental and economic benefit. Shell is a founding member of The B Team Responsible Tax Working Group but is not a member of the overall B Team initiative. Through The B Team, Shell and other companies have been able to give a voice to the companies’ views in the debate on fair taxation. The B Team Responsible Tax Principles, which Shell has helped to develop, reflect the views of leading companies and civil-society organisations on a responsible approach to tax.
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