Spain

Shell has been active in Spain since 1920 and was the first foreign energy company established there. A network of Shell-branded retail sites operates across the country. These are owned and operated by third parties.

Shell owns and operates a lubricants blending plant located in Tarragona. The plant supplies the Iberian market, North Africa and several Mediterranean countries.

Country Financial Analysis

The statutory corporate income tax rate in Spain is 25%.

No tax was paid or accrued during 2019 as a result of a tax deduction claimed for costs that had been accounted for in previous years.