THE WALL STREET JOURNAL: Venezuela Hits Oil Firm With Back-Tax Bill, Fine
“Last week, Royal Dutch Shell was the first foreign oil company to receive a tax bill and fine from the Seniat.”
Monday July 25, 2005; Page A13
DOW JONES NEWSWIRES
July 25, 2005; Page A13
CARACAS, Venezuela — Venezuela’s tax authority presented Harvest Natural Resources Inc. with an $85 million retroactive income-tax bill along with a fine — the second levied on a foreign oil company this month.
In a statement Friday, the tax authority, the Seniat, said the bill was for unpaid income taxes from 2001 to 2004. If Harvest pays the taxes within 15 days, it will be fined an additional 10% above the 180 billion bolivars it owes. Otherwise, the U.S. company could face fines of as much as 250% of the amount, the Seniat said.
Last week, Royal Dutch Shell was the first foreign oil company to receive a tax bill and fine from the Seniat.
The tax agency claims the contracts for 32 fields operated by international companies violate national tax laws because they give the companies a preferential income-tax rate.
Shell says it has paid taxes according to the law, and is seeking talks with Seniat officials on its retroactive bill.
The Seniat says it is auditing nearly two dozen foreign and domestic oil companies with operating contracts in Venezuela. Around 40% of Venezuela’s total oil production comes from private companies.
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































