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

bp’s total tax contribution for 2023 was US$46.2 billion. This comprises the taxes we ‎paid ‎and collected on our global operations.‎‎ 

We had operations in 61 countries in 2023. More than 98% of the total taxes we paid and ‎‎93% of total taxes we collected arose in our major countries of operation. 

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.