Shell Proposes Single-Share Structure, UK Tax Residence
By Jaime Llinares Taboada
Royal Dutch Shell PLC on Monday proposed to shareholders to establish a single line of shares and to move its tax residency to the U.K.
The energy company has been incorporated in the U.K. with Dutch tax residence and an A/B dual share structure since its unification in 2005.
Shell is now asking shareholders to approve the simplification of the company’s structure at a general meeting to be held on Dec. 10 in Rotterdam.
The company said that a single-share structure will allow it to accelerate share buybacks programs, to manage its portfolio with greater agility, and to reduce risk for shareholders.
In addition, Shell expects to change its name to Shell PLC as it will no longer meet the conditions for using the “Royal” designation, it said.
Write to Jaime Llinares Taboada at [email protected]; @JaimeLlinaresT
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.
