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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 has been active in Jordan since 2009. Shell Business Development Middle East Limited (SBDME), incorporated in the UK, provides technical and management services, mainly to exploration and production businesses in Jordan. Jordan Oil Shale Company B.V. (JOSCo), incorporated in the Netherlands, held a concession to explore for and develop oil shale, as well as produce and sell products derived from the oil shale. JOSCo withdrew from the concession in 2020. The company is undergoing liquidation.

Country financial analysis

The statutory corporate income tax rate in Jordan varies from 20% to 35%, depending on business activities. JOSCo is subject to petroleum taxes calculated on cumulative revenues and costs. As production never commenced, petroleum taxes are not applicable.

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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