Payments overview
Key figures in 2022
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Total revenue and other income
$386.2 billion
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Profit before corporate income tax
$64.8 billion
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Corporate income tax paid [A]
$13.4 billion
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Taxation charge
$21.9 billion
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Total expenditure
$321.4 billion
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Effective tax rate
33.8%
OECD average corporate income tax rate
23.1%
[A] We paid $13.1 billion in corporate income taxes and accrued $0.3 billion of withholding taxes. For more details, see the chapter on Our tax data. Withholding tax is part of 'Other' of $3.0 billion in the Cash Flow Statement.
Overview of tax and other payments to governments
[A] We paid $13.1 billion in corporate income taxes and accrued $0.3 billion of withholding taxes. For more details, see the chapter on Our tax data. Withholding tax is part of 'Other' of $3.0 billion in the Cash Flow Statement.
[B] Royalties is part of Purchases of $258.5 billion as included in the Income Statement.
[C] This amount has been derived from regulatory filings submitted to the relevant governments.
[D] Read more in Payments to Governments Report.
