Iraq
Employees
177
Total tax contribution
$6,151,893
Taxes borne
$76,200
Taxes collected
$6,075,694
-
Third-party revenues
$0
-
Related-party revenues
$0
-
Total revenues
$0
-
Profit before tax
$(72,746)
-
Corporate income tax paid
$0
-
Corporate income tax accrued
$0
-
Stated capital
$0
-
Accumulated earnings
$0
-
Tangible assets
$64,516
-
Other payments to governments
–
Shell's footprint
In 2013, Shell entered into the Basrah Gas Company (BGC), a joint venture with Iraq's South Gas Company and Mitsubishi. BGC gathers and processes associated gas that would otherwise have been flared, supplying this to the government of Iraq for power generation. The Shell entity, which is a shareholder in BGC, is based in the Netherlands. Shell's share of results from BGC, which is an equity-accounted investment, is included in the country report for the Netherlands.
Country financial analysis
The statutory corporate income tax rate in Iraq is 15%. Taxes are paid in arrears.
Read more in Total tax contribution.
