Anglo-Dutch oil and gas company Shell expects to suffer losses of approximately $2.4 billion in 2022 due to taxes on excess profits from energy companies in the United Kingdom and the European Union (EU). information about it should From Shell reporting.
“Losses for the fourth quarter of 2022 are expected to be approximately $2 billion, related to the recently announced additional taxes (solidarity contribution) in the EU and increased income tax in the UK,” the statement said.
The company reported in its financial report for the third quarter (July-September) it recorded a loss of $361 million in relation to excessive earnings tax in the UK.
British Chancellor Jeremy Hunt in November declaration Extending the excess profits tax for oil and gas companies in the UK until 2028 and increasing its rate from 25% to 35% from 1 January 2023.
In the first half of September, it was learned that the European Commission (EC) will introduce “solidarity contributions” for commodity companies that profit more from rising energy prices. Measurement entry Effective from 1 December 2022. For companies working with energy resources, a contribution has been established over the portion of the income exceeding 20% of the annual average taxable profit.
Financial Times at the end of December reportedAmerican company Exxon Mobil has filed a lawsuit against the European Union (EU) after Brussels imposed taxes on the excess profits of energy companies that supply fossil fuels.