Forbes: Venezuela Tax Agency Closes Shell Office
“Shell has decided to challenge a US$130 million (euro104.8 million) claim for unpaid taxes in Venezuela, and the tax agency has said Shell will lose out if the case goes to court.”:
Posted Friday 12 August 2005
Associated Press
Venezuela’s tax agency has ordered a two-day closing of Royal Dutch Shell PLC’s office in the western city of Maracaibo amid a tax audit, the company said.
The company’s oil production in Venezuela has not been affected, as only around 150 employees at the Maracaibo office have been affected by the move, company spokeswoman Bettina Steinhold said.
“Our main production platform is still working,” she said, adding that Shell’s offices in the capital of Caracas were still open.