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Posts on ‘November 14th, 2005’

Shell News Archive Monday 14 November 2005

From our Shell News Archive Monday 14 November 2005

Daily Telegraph: Shell urged to help pay investors’ tax bills: “Lord Oxburgh of Liverpool, the former chairman of Shell, has called on the oil and gas giant to compensate British investors left with a multi-million pound tax bill from its restructuring.”: The vast majority of the 3,000 Royal Dutch holders accepted the deal after Jeroen van der Veer, Shell’s chief executive, warned his “toolbox” to help them was empty. But a small minority held out and were rewarded in late September when Shell offered a tax-efficient loan note alternative. The shareholders who originally accepted – and have been left with a large tax bill – are now considering legal action against Shell.”: Monday 14 November 2005: READ read more

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