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United States of America

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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 has been present in the USA for more than 100 years. Shell's primary exploration and production area is the Gulf of Mexico. We have a refinery in Louisiana, and chemical facilities in Pennsylvania, Louisiana and Texas. Shell Trading (US) Company trades crude oil, refined products, low-carbon fuels, chemical feedstocks, natural gas, liquified natural gas, power, environmental products, biofuels and freight. Shell Energy North America (US), L.P. consistently ranks as one of North America's top three gas and power marketers, selling 8.5 billion cubic feet of natural gas every day and managing 13 gigawatts of power generation of which 37% is from renewable sources. There are more than 13,000 Shell-branded fuel stations in the USA and 2,000 Jiffy Lube locations. Shell is also investing in renewable and new energy solutions.

Country financial analysis

The federal statutory corporate income tax rate in the USA is 21%. The corporate income tax paid figure in 2022 includes taxes paid to both the US federal and state governments which may relate to more than one year. Operating losses incurred in previous years were offset against earnings, which resulted in a lower corporate income tax paid figure. Prior year losses were the result of many factors, including investments in our upstream, manufacturing and chemical businesses, which did not generate the profits expected as a result of lower oil and gas prices. We expect a refund of around three-quarters of the corporate income tax we paid in 2022. Our Payments to Governments Report for 2022 shows that Shell paid around $1.5 billion in royalties and fees.

Read more in Total tax contribution, USA country profile and in Payments to Governments Report(

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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Corporate income tax paid
This comprises corporate income tax paid in 2022, as recorded in Shell's Consolidated Statement of Cash Flows, and includes accrued withholding taxes on dividend, interest and royalty payments to Shell entities. In some cases, this may include payments made in relation to previous years or future years as tax payments are often made in arrears or in advance. It does not include withholding taxes collected by Shell on dividends paid to shareholders. Nor does it include corporate income tax paid by non-consolidated joint ventures and associates.
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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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Royalties are generally payments due for the use of an asset. Mineral royalties are payments to governments or other owners for the rights to extract oil and gas resources, typically at a set percentage of revenue less any deductions that may be taken. See Trademark royalties.
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