We aim for an open dialogue on tax matters with governments, policymakers, businesses, investors, and civil society. Since 2003, we have taken important steps to be more transparent about the taxes we pay.
Tax transparency timeline
One of the initiators of the Extractive Industries Transparency Initiative (EITI)
First voluntary publication of tax payments in 14 countries
Publication of Shell’s Approach to Tax
First publication of Payments to Governments Report in line with European regulations (covering exploration and production activities)
Publication of Shell UK Tax Strategy and Statement on Tax Evasion
Shell’s first country-by-country report submitted to tax authorities
Pilot International Compliance and Assurance Programme
Shell commits to the B Team Responsible Tax Principles
First publication of Shell’s Tax Contribution Report
Shell agrees to report on environmental, social and governance performance factors, including tax, against the World Economic Forum Stakeholder Capitalism Metrics
Our participation in the development of the B Team Responsible Tax Principles reflects our ambition to align our tax strategy more closely with emerging best practice. Our Tax Contribution Report and future publications aim to demonstrate how we are applying our Responsible Tax Principles.