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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 active in Switzerland for more than 100 years. Shell markets fuels and operates a large network of retail sites. Shell's activities also include the production of lubricants and the sale of bitumen and aviation fuels. In 2022, Shell acquired the biodegradable lubricants business, including intellectual property rights and trademarks, of Panolin, a Swiss producer of lubricants. Shell in Switzerland also performs financial and insurance activities, and trademark management and licensing services.

Country financial analysis

In the canton of Zug, where Shell is based, the combined regional and federal tax rate was around 12% for 2022. Higher oil prices led to an increase in third-party revenues compared with the previous year. The corporate income tax paid was lower in 2022 due to the offset of previous tax losses carried forward against taxable profits.

Read more in Total tax contribution.

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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