The Telegraph: Shell admits to paying no UK corporate tax last year

Royal Dutch Shell has revealed that it paid no corporate income tax in the UK in 2018 despite raking in $731m (£557m) of pre-tax profit on revenues of $108bn in the country.

The new report, published on Tuesday, is the first time the oil and gas titan has released public details of the corporate income tax paid in countries and locations across all its businesses. 

Shell said it would disclose the amount paid in an attempt to be “more transparent”. 

It also admitted that it did not pay any corporate income tax in the Netherlands last year, apart from at its gas joint venture with ExxonMobil, as its profit was offset with losses from previous years. 

The Anglo-Dutch energy company has previously…