Thailand
Employees
445
Total tax contribution
$357,948,846
Taxes borne
$22,323,533
Taxes collected
$335,625,314
-
Third-party revenues
$3,410,012,903
-
Related-party revenues
$109,468,043
-
Total revenues
$3,519,480,946
-
Profit before tax
$129,039,752
-
Corporate income tax paid
$21,652,426
-
Corporate income tax accrued
$26,709,487
-
Stated capital
$14,133,897
-
Accumulated earnings
$32,298,688
-
Tangible assets
$919,819,475
-
Other payments to governments
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Shell's footprint
The Shell Company of Thailand Limited was established more than 130 years ago; its activities include Downstream and Integrated Gas. Shell is strengthening its non-fuel retail businesses in Thailand and expanding its network of retail sites across the country. In addition, Shell is continuing to focus on wholesale liquefied natural gas supply and decarbonisation.
Country financial analysis
Thailand has three different types of corporate income tax: 20% corporate income tax on taxable profits, 10% branch profit remittance tax and a 50% petroleum income tax for Integrated Gas entities. Profit arising in 2022 is mostly from our Downstream business.
Read more in Total tax contribution.
