Statement of Support
Engagement with the EITI
Woodside is committed to reporting its petroleum tax and fee payments in countries where it has an interest. The company is actively involved in the EITI implementation process where it operates. It is part of the multi-stakeholder group in Timor-Leste and in October 2018, Woodside provided sponsorship for the EITI Beneficial Ownership event in Senegal.
Woodside recognised the government of Myanmar’s achievement of EITI candidate status in July 2014. The company believes that compliance with EITI standards and principles will assist in the management of revenue received from Myanmar’s resources sector.
As an Australian headquartered company, the company is proactively engaging with the Australian Taxation Office (ATO) under the Justified Trust framework. Woodside reports under the Australian Board of Taxation’s Voluntary Tax Transparency Code and other applicable transparency initiatives, including the EITI Standard. Additional information on Woodside’s transparency policies can be found here.