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Total tax contribution


Taxes borne


Taxes collected


  • Third-party revenues


  • Related-party revenues


  • Total revenues


  • Profit before tax


  • Corporate income tax paid


  • Corporate income tax accrued


  • Stated capital


  • Accumulated earnings


  • Tangible assets


  • Other payments to governments


Shell's footprint

Shell was present in Bolivia from 1997 to 2007 through its interest in Transredes S.A., a gas pipeline company. In 2016, Shell returned to the country through its acquisition of BG Group. Today, our main activity in Bolivia is through Shell Bolivia Corporation, Bolivia branch (SBCB), which participates in the Caipipendi block (operated by Repsol), where we hold a 37.5% interest. Gas from the block is delivered to domestic and export markets. SBCB also has a 25% interest in the Tarija XX West block (operated by Petrobras), where we produce from the Itaú field. In 2022, we exited the Iñiguazu exploration block (operated by Repsol), where we held a 15% interest. Additionally, SBCB was part of an incorporated joint venture with the national oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), which drilled the Jaguar exploration well. As a result of not discovering commercial volumes, Shell decided to relinquish the field and received final environmental sign-off from the government in 2022.

Country financial analysis

The statutory corporate income tax rate in Bolivia is 25%. The revenues for 2022 were earned from sales to YPFB. Shell in Bolivia made a profit during 2022 but paid no corporate income tax because it carried forward losses from previous years. Our Payments to Governments Report for 2022 shows that Shell paid $243,650 in fees.

Read more in Total tax contribution and in Payments to Governments Report(

A branch is an office or business presence in a location other than where the corporate entity is established.
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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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Throughout this report, “country” is used as the primary descriptor for a geographical area because that is the word used by the OECD/G20 base erosion and profit shifting project in their proposal for country-by-country reporting. This is one of the four minimum reporting standards to which around 135 countries have committed, covering the tax residence jurisdictions of nearly all large multinational enterprises. In this report “country” may also refer to locations, jurisdictions or territories which have their own tax regimes or discrete rules.
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Fees and other sums paid as consideration for acquiring a licence for gaining access to an area where extractive activities are performed. Administrative government fees that are not specifically related to the extractive sector, or to access to extractive resources, are excluded from this report. Also excluded are payments made in return for services provided by a government.
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