In 2018, Woodside paid A$555 million in Australian corporate income tax, and a further A$339 million in other taxes and royalties.

We're a significant taxpayer in Australia, where the majority of our producing assets are located and 95% of our taxes are paid. 

Paying taxes due under law is one of the ways we support our social licence to operate. For the past three years, we’ve achieved a perfect score in the approach to tax category in the Dow Jones Sustainability Index (DJSI). The DJSI is a global sustainability benchmark that tracks the performance of leading companies across a range of criteria.
Our approach to tax
Woodside is committed to maintaining open and constructive relationships with our tax policy setters and administrators, both domestic and foreign. We take a proactive approach in clarifying interpretations and practices.

Perfect marks for our approach to tax

Woodside has achieved a perfect score in the approach to tax category in the Dow Jones Sustainability Index (DJSI) for 2019, placing us as a leader amongst our peers.

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Woodside Photography 2018 - On Site-235 [Image by Jarrad Seng]

Australian Tax Office releases 2017-18 Report of entity tax information

The data reported in the Australian Tax Office (ATO) 2017-18 Report of entity tax information shows that in respect of the financial year ended 30 June 2018, three Woodside corporate entities had combined taxable income of A$2.93 billion and income tax payable of A$493 million.

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Tax - FAQ

Woodside acknowledges Indigenous people's connections to land, water and community. We pay our respects to ancestors and elders - past, present and emerging. We recognise the many contributions Indigenous people make to our business, as community members and employees.