Written by Mark Lammey –
Shell paid more than $55.6billion (£43.7billion) to governments around the world in 2016, but got a sizeable rebate from the UK Treasury, the oil major revealed today.
The group, which is headquartered in London and the Netherlands, received a tax credit of £111million from the UK government last year primarily as a result of North Sea decommissioning costs.
About £90million worth of UK tax credits were linked to the Brent field and other northern North Sea projects.
Earlier this year, Shell submitted its plans for decommissioning Brent, a process expected to take about a decade.
In May, the Brent Delta topside was delivered to Able UK’s yard in Hartlepool for scrapping.
Decommissioning is a cost incurred as part of the lifecycle of the field and is therefore tax deductible.
Shell published the figures in its latest annual report on payments to governments.
It details payments in 31 countries and this year also includes BG Group payments.
The report is prepared in accordance with the UK’s Reports on Payments to Governments Regulations 2014.
Shell said it paid governments a total of £3.5billion in income taxes and £1.8billion in government royalties, and collected £38billion in excise duties, sales taxes and similar levies on our fuel and other products on behalf of governments.
Jessica Uhl, Shell’s chief financial officer, said: “Shell believes that transparency is an essential tool in building trust in tax systems.
Society expects clarity on the revenues that extractive industries pay to governments and at the same time expects governments to be open about the revenues they receive and how they use these funds.”
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.
