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Puerto Rico

0 Employees

  • Third-party revenues

    $0

  • Related-party revenues

    $2,807

  • Total revenues

    $2,807

  • Profit before tax

    $(426,725)

  • Tax paid

    $0

  • Tax accrued

    $1,000

  • Tangible assets

    $0

  • Stated capital

    $32,605,000

  • Accumulated earnings

    $(28,175,901)

Main business activities

  • Support activities

Shell’s footprint

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.

Corporate income tax
This is a direct tax imposed on companies’ profits. It is sometimes levied at a national level but can also be levied on a state or local basis.
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Revenue
This represents the total income earned by a company. It includes income from customers or other group companies and income received as royalties and interest income.
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