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Shell to pay $2 billion in additional EU, UK taxes for the fourth quarter
Jan. 6, 2023
Source: CNBC

Shell to pay $2 billion in additional EU, UK taxes for the fourth quarter

Oil and gas major Shell said Friday it expects to pay an extra $2 billion in new taxes for the fourth quarter in the European Union and U.K. “The Q4′22 earnings impact of recently announced additional taxes in the EU (the solidarity contribution) and the deferred tax impact from the increased UK Energy Profits Levy is expected to be around $2 billion,” the company said in a trading update.

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