Our approach to tax

We collect and/or pay:

• corporate income tax
• downstream fuel excise
• royalties and excise in respect of North West Shelf production
• fringe benefits tax
• payroll tax
• stamp duties
• land taxes
• withholding taxes

In addition, we collect and pay employee taxes as well as goods and services tax.

Worldwide tax contribution

In 2019, our presence in 79 countries generated $283 billion in economic value and
contributed $9.2 billion in taxes to governments globally.

To view the total tax contribution for our global operations and the tax contributions to the countries in which we operate, visit the tax transparency page on the global bp website.