Woodside’s contribution

Written by  John McKay
Friday, 10 December 2021
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Dec 10 (LNGJ) - Australian LNG plant operator Woodside said it last year paid A$473 million (US$338.4M) in corporate income tax and a further A$234M in other taxes and royalties. The Perth-based company has three corporate entities and had combined taxable income of A$3.1Bln.

   Woodside noted in its annual disclosure to the public of its tax contributions that it had paid more than A$10Bln in Australian taxes and royalties since 2011. “Woodside does the right thing when it comes to paying our taxes in Australia,” stated Woodside Chief Executive Meg O’Neill. “We value the trust of our employees, contractors, suppliers and customers, and we know that transparency and accountability are core to maintaining that trust,” she added.

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