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  • 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 LNG Gibraltar Limited is an incorporated joint venture between Shell (Shell interest 51%) and the government of Gibraltar. It was set up for the purpose of constructing and operating the first liquefied natural gas (LNG) regasification terminal in Gibraltar, replacing diesel with LNG for power generation. The Shell entity which is a shareholder in Shell LNG Gibraltar Limited is based in the Netherlands. Shell's share of results from Shell LNG Gibraltar Limited, which is an equity-accounted investment, is included in the country report for the Netherlands. Shell also undertakes LNG bunkering activities in Gibraltar through a branch of Shell LNG Bunkering B.V.

Country financial analysis

The statutory corporate income tax rate in Gibraltar is 12.5%. The figures in the table represent the LNG bunkering activities of Shell LNG Bunkering B.V.'s branch in Gibraltar.

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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