English translation of an article published today by the FD
Commentator: Shell leaving would be an ‘eternal’ sin, but no disaster
Shell is considering moving its headquarters from The Hague to London. It should come as no surprise. The fact that it is seriously considering this step was already written in the stars when the promised abolition of dividend tax would not go ahead.
The energy giant is a British company, but has its headquarters in The Hague. This construction was chosen on the assumption that the dividend tax would be abolished. When that fell through after public pressure, Shell had to look for other constructions to solve the perceived complexity of the dual structure.read more
English translation of an article published 4 July 2020 by the FD: Bert van Dijk
Shell is considering moving its head office
It is uncertain whether Shell wants to keep its headquarters in the Netherlands, now that a controversial plan by the cabinet to abolish dividend tax has been definitively off the table. That says Shell CEO Ben van Beurden in an interview with the FD.
The energy giant is a British company, but has its headquarters in The Hague. Shell chose this construction on the assumption that dividend tax would be abolished, says Van Beurden. In October 2018, the government withdrew this intention after public pressure. As a result, Shell looks at its current British-Dutch structure with different eyes, according to the CEO.read more
Saturday, July 04, 2020 5:05 a.m. EDT by Thomson Reuters
AMSTERDAM (Reuters) – Royal Dutch Shell is not ruling out moving its headquarters from the Netherlands to Britain, the oil company’s chief executive Ben van Beurden said in a Dutch newspaper interview published on Saturday.
Anglo-Dutch consumer products giant Unilever said last month it plans to ditch its dual Anglo-Dutch legal structure and create a single entity in Britain.
Van Beurden did not explicitly say Shell wants to move its headquarters, het Financieele Dagblad said.
“You always need to keep thinking,” Shell’s Van Beurden told the newspaper. “Nothing is permanent and of course we will look at the business climate. But moving your headquarters is not a trivial measure. You cannot think too lightly about that.”read more
Energy giant Shell paid no taxes on its upstream oil and gas business to the UK government last year, instead receiving large rebates, according to a new report.
Shell has published its Payments to Governments report, a legally required document outlining contributions it made to countries around the world in 2019 from its extractive oil and gas activities.
It shows the oil major paid no taxes for upstream to the UK last year, instead receiving a $116.5m (£94.5m) refund from HM Revenue and Customs, mainly related to decommissioning.
Activist group Greenpeace reacted with “anger” to the report and the tax regime in the United Kingdom.
The UK’s system, designed to encourage future investment, means that participators in certain older oil fields can carry-back losses – such as those arising from decommissioning – against profits previously made from them. This can lead to repayments of Petroleum Revenue Tax (PRT).read more
Anglo Dutch giant Royal Dutch Shell paid no corporate income tax in the UK in 2018 but claimed nearly £90m in tax reliefs
The company reported $731m (£557m) of profit before tax on revenues of $108bn and took over $115m (£87m) in tax reliefs related to North Sea oil platform decommissioning.
The figures are included in the company’s first tax transparency report detailing the corporate income tax that Shell companies paid in countries and locations around the world in 2018.
The tax contribution report provides information about the corporate income tax Shell paid in countries and locations in which it has a taxable presence across all its businesses, broken down on a country by country basis.read more
Royal Dutch Shell has revealed that it paid no corporate income tax in the UK in 2018 despite raking in $731m (£557m) of pre-tax profit on revenues of $108bn in the country.
The new report, published on Tuesday, is the first time the oil and gas titan has released public details of the corporate income tax paid in countries and locations across all its businesses.
Shell said it would disclose the amount paid in an attempt to be “more transparent”. read more
Anjli Raval in London and Javier Espinoza in Brussels: 17 Dec 2019
Royal Dutch Shell paid no corporate income tax in the UK in 2018 despite the oil and gas group generating pre-tax profits of nearly $731m, after receiving tax refunds related to the decommissioning of North Sea oil platforms. The figures, published in a report by the Anglo-Dutch company showing a global breakdown of payments, come after it said it would voluntarily disclose how much tax it pays in each country as part of a broader transparency drive.read more
Royal Dutch Shell (Shell) has published a new report detailing the corporate income tax that Shell companies paid in countries and locations around the world in 2018.
“Transparency is important for Shell – showing who we are and what we do is one of the best ways we can demonstrate the many contributions we make to society,” said Jessica Uhl, Shell Chief Financial Officer. “We hope that this report will help to create a better understanding of our businesses and the taxes we pay.”
The Tax Contribution Report provides information about the corporate income tax Shell paid in countries and locations in which we have a taxable presence across all our businesses.read more
Shell was discredited last year because it does not pay tax on the profit it makes in the Netherlands.
The oil company gives openness today about how much income tax was paid in 2018 in the 99 countries in which it operates.
Tax director Alan McLean: more openness and facts lead to a better discussion about the tax behavior of the multinational.
The first public report in which Shell shows how much tax it pays per country disproves the image that the oil company is evading tax on a large scale. Less than 5% of the profit ($ 35.6 billion in 2018) is in notorious tax havens.
Shell chooses its locations for economic and not just for tax reasons, the company states in the report, which appears Tuesday. Critics will contradict this, tax director Alan McLean realizes.
Shell became discredited last year when it became known that the company does not pay taxes on the profit it makes in the Netherlands. The tax report, which Shell is publishing today, states that the company made a profit of about half a billion euros in the Netherlands in 2018, including refining and the sale of petrol. Also last year the group paid no income tax in the Netherlands.read more
EU Investigating Dutch Tax Rulings Granted To Shell
By Matt Thompson · December 4, 2019, 1:01 PM ESTShell has been placed under investigation by the European Commission for possibly illegal tax rulings granted by the Netherlands, the company confirmed Wednesday.
The European Union’s enforcement arm is looking into…
Associated Press: NEWS Sept 17, 2019
THE HAGUE, NETHERLANDS —
The Dutch government said Tuesday it plans to reform a business tax rule that allows wealthy multinationals to reduce the amount of tax they pay on their profits.
The government said the plan, which has to be passed by parliament, will generate 265 million euros ($292 million) per year in new income.
The announcement follows public outrage at revelations this year that some multinationals paid little or no tax on their profits.
Royal Dutch Shell confirmed in May that it paid no tax in the Netherlands last year on its profits, apart from at a natural gas joint venture, because it was able to offset profits with losses and costs made elsewhere in the world.read more
The British-Australian newspaper The Guardian discovered that Shell Energy Holdings Australia is trying to “get under” *(evade/dodge/escape/deflect?) the bill through the courts.
Printed below is an English translation of an article published today by the Dutch FT, Financieele Dagblad
Pedestrians walk past a Shell station in Melbourne. Photo: Carla Gottgens / Bloomberg
Shell has appealed against a decision by the Australian tax authorities. The ATO believes that Shell should pay back a tax benefit of A $ 755 million, converted to € 460 million. The Anglo-Dutch oil company wants to get rid of this tax assessment through the courts.
Shell received the tax assessment from the Australian Taxation Office (ATO) for its share in Australia’s largest gas field, the Browse project. That field is off the coast of Western Australia and has an estimated value of A $ 30 bln. Shell has a 27% share in the gas field, which has been developing for fifteen years. However, production has never started due to the low global gas prices. Since 2016, the work has stopped completely.read more
PUBLISHED: 21:48, 25 August 2019 | UPDATED: 22:10, 25 August 2019
Royal Dutch Shell is in talks with the Australian government after it was hit with a £415m tax bill.
The Australian Taxation Office claims the Anglo-Dutch oil major avoided paying tax on its 27 per cent stake in the £16.5 billion Browse gas project in seas off the coast of Western Australia.
Court documents show Shell’s primary company in the country, Shell Energy Holdings Australia, has been in a dispute with the tax body for six years over the issue, the Guardian reported.read more
Matthew Burgess and Franz Wild: Bloomberg: August 25, 2019
(Bloomberg) — Royal Dutch Shell Plc has been sued by Australia’s tax authority as the agency pursues multinational companies over tax avoidance, the Guardian reported.
The Australian Taxation Office has been battling with Shell’s local subsidiary for six years regarding the tax treatment of its stake in the Browse gas project off the country’s northwest coast, the newspaper reported, citing court documents. The bill, estimated at A$755 million ($510 million), relates to a dispute over A$2.2 billion in tax deductions for the project, the newspaper said.read more
The Australian Taxation Office has hit the British-Dutch oil giant Shell with a bill estimated at $755m as it continues to pursue multinational resources giants over claims they have avoided paying tax on offshore gas projects.
Court documents reveal Shell’s main Australian company, Shell Energy Holdings Australia, has been fighting the ATO for six years over tax on the company’s stake in the $30bn Browse gas project off the coast of north-west Western Australia.
The ATO’s pursuit of Shell is part of a broader effort to shake money out of big oil and gas projects that one of the authority’s most senior officials says has brought forward tax revenue by a decade.read more
Parliamentarians voted on Tuesday to establish an expert commission to examine how to make taxing multinationals “more fair” after Netherlands-based Shell recently acknowledged it had paid virtually no Dutch corporation tax in 2018. Royal Dutch Shell refused to release details of its unique advance tax ruling with the Dutch government at a recent hearing of a parliamentary panel on taxation.
By Reuters
By John O’Donnell and Toby Sterling
THE HAGUE (Reuters) – Dutch lawmakers have launched an inquiry into how to make multinationals pay their fair share of tax, after public criticism that government reforms do not go far enough.
Scores of multinationals use the Netherlands to pare their tax bills but the Dutch, who bore tax hikes after the financial crisis, are growing increasingly hostile to minimising company tax, which is legal and has gone unchallenged for decades.
Parliamentarians voted on Tuesday to establish an expert commission to examine how to make taxing multinationals “more fair” after Netherlands-based Shell recently acknowledged it had paid virtually no Dutch corporation tax in 2018. Royal Dutch Shell refused to release details of its unique advance tax ruling with the Dutch government at a recent hearing of a parliamentary panel on taxation.read more
Sir Henri Deterding, the controversial and outspoken founder of Royal Dutch Shell, now haunts the website. Wise to all the knowledge of Shell, and its shellanigans, he delivers informative and satirical insight to anything about Shell. He's a grumpy old sod, so you'll have to excuse his bluntness.
Click the big chat-bubble (bottom-right of the website)to ask Sir Henri a question. Enjoy!
SHELL EXECUTIVES AT THE CENTER OF A SCHEME TO STEAL $1.3 BILLION FROM NIGERIA’S PEOPLE
SHELL ADMITS DEALING WITH NIGERIAN MONEY LAUNDERER – BBC NEWS
SHELL, ENI AND NIGERIAN OFFICIALS IN OPL 245 CORRUPTION SCANDAL
INVESTIGATION OF OPL 245 NIGERIAN OIL CORRUPTION SCANDAL
DUTCH EARTHQUAKES CAUSED BY SHELL/EXXON
SHELL KILLS FOR OIL IN NIGERIA
SHELL LIED ABOUT CLEANING UP OIL IN NIGER DELTA
SHELL SPIES INFILTRATED NIGERIAN GOVERNMENT
LEGO DROPS SHELL OVER GREENPEACE OIL SPILL VIDEO
SHELL ARCTIC DRILLING ACCIDENTS
SHELL KNEW ABOUT CLIMATE CHANGE DECADES AGO
ROYAL DUTCH SHELL FOUNDER SIR HENRI DETERDING, NAZI FINANCIER
JOHN DONOVAN PROMOTIONAL GAMES FOR SHELL AND OTHER CLIENTS
Listen and read proof in audio and transcript form of Shell CEO Ben van Beurden’s cover-up tactics in the OPL 245 Nigerian corruption scandal. The instruction given by him in the covertly recorded call to CFO Simon Henry was at odds with Shell’s claimed core business principles. Cover-up and obstruction, instead of transparency and integrity, says Shell critic John Donovan
I ordered shell energy broadband on nov 2. I was promised connection the following week. They initiated the direct debit. I called the following week and was told router would arrive on 13 and service would go live on 17. No further email or communication until 20 when I was told service would start on 30th. Spent 10 minutes waiting on phone line and spoke to a polite assistant who was absolutely useless in solving my problem. Avoid this unprofessional and chaotic… Read more
Shell Energy Broadband Service is Appalling
30 November 2023: Posted by John Donovan
The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.
Extremely slow broadband for 10 months, not fixed.I have had slow broadband well below the guaranteed speed for 10 months and Shell Energy have not been able to fix it.They have tried sending about 4 or 5 engineers but have not fixed the problem.Gurps, who I have been dealing with most recently, has been friendly and polite, alth… Read more
Extremely Slow Shell Broadband
The worst ever
I used shell broadband. It was by far the worst broadband provider ever! The internet did not work most days. I had their super fast broadband and it dropped out constantly. Watching a movie was awful with the constant buffering. Customer support was super slow. Now their going to charge me for the useless router which I have sent back.
Date of experience: 21 November 2023
By far the worst broadband provider ever!
The worst ever
I used shell broadband. It was by far the worst broadband provider ever! The internet did not work most days. I had their super fast broadband and it dropped out constantly. Watching a movie was awful with the constant buffering. Customer support was super slow. Now their going to charge me for the useless router which I have sent back.
Date of experience: 21 November 2023
By far the worst broadband provider ever!
OVER 500 EXTERNAL PUBLICATIONS CITING OUR SHELL WEBSITES
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission websiteetc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our non-profit websites and/or our activities.
John Donovan, the website owner
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