Germany

3,996 Employees

THIRD-PARTY REVENUES

$17,946,436,040

RELATED-PARTY REVENUES

$10,465,288,152

TOTAL REVENUES

$28,411,724,192

PROFIT BEFORE TAX

$(37,539,038)

TAX PAID

$47,801,932

TAX ACCRUED

$43,401,219

TANGIBLE ASSETS

$6,216,286,879

STATED CAPITAL

$1,524,600,623

ACCUMULATED EARNINGS

$(2,438,167,984)

Main Business Activities

  • Downstream
  • Manufacturing
  • Chemicals
  • Trading and Supply
  • New Energies
  • Upstream and Integrated Gas
  • Other support activities

Shell has been present in Germany since 1902. We operate an extensive retail network; refine and supply transport and heating fuels, aviation fuels, petrochemicals and bitumen; and supply lubricants, power and natural gas. The business is grouped together as Deutsche Shell Holding GmbH, based in Hamburg. Research and development is also undertaken by the Shell Technology Centre in Hamburg.

Country Financial Analysis

The statutory corporate income tax rate in Germany is 32%.

In the period 2009 - 2016, Shell was not profitable in Germany, causing a loss carry-forward position which has been used to offset taxable profits in the tax years from 2017 onwards. This was due to a number of different reasons, including a surplus of fuel supply in Europe. German tax law allows Shell to offset 60% of its yearly tax profits with a loss carry-forward and to pay a minimum tax on the remaining 40%. Shell in Germany continues with an overall loss carry-forward position.

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