Shell’s $10 Billion Global Tax Bill Is Least Painful at Home
- Energy giant was owed money by U.K. Treasury in 2018
- Anglo-Dutch company paid the most taxes in Oman, Nigeria
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Pumping millions of barrels a day of oil and gas left Royal Dutch Shell Plc with a hefty tax bill in 2018, but one of its home bases was a notable exception.
The London-listed energy giant paid a total of $10.1 billion in corporate income tax and $5.8 billion in royalties globally last year. The Middle Eastern nation of Oman was the biggest recipient, while the U.K. Treasury actually owed Shell money.