Shell Disputes EUR7 Billion Lost Tax Claim – Guardian
LONDON (Alliance News) – Royal Dutch Shell PLC has “hit back” against claims regarding its relocation from London to the Netherlands, which resulted in a EUR7 billion loss of income to the Dutch treasury, the Guardian reported on Monday.
Dutch newspaper Trouw claimed that the British-Dutch multinational oil & gas company’s Dutch tax authority agreement conflicted with EU rules and that Shell owes “as much as EUR7 billion” in taxes.
“I am astonished about the way we are portrayed in Trouw. This is tendentious. The fact that our headquarters is in the Netherlands has been very good for the Dutch treasury,” Shell Nederland President Director Marjan van Loon said in a statement.
The Netherlands has a dividend withholding tax and Shell created an A/B share structure when it relocated to “protect its UK based shareholders” according to the Guardian.
As part of Shell’s headquarter merger in the Netherlands Dutch tax authorities exempted the UK based B shares from paying the withholding tax on dividends if payments were routed through Jersey.
“No tax is levied on dividends from B shares, provided that they are paid via the so-called dividend access mechanism,” the company said in a statement.
“The right to levy dividend withholding tax on dividends paid to shareholders in the former British parent company has never existed in the Netherlands,” it continued.
A Dutch MP told Trouw he would refer the case to Brussels.
https://www.theguardian.com/business/2018/jun/18/shell-hits-back-at-criticism-of-tax-structure
By Anna Farley; [email protected]
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This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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.
