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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Dutch MP calls for parliamentary enquiry into Shell dividend tax

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THE HAGUE: A Dutch MP called for a parliamentary enquiry into how oil giant Royal Dutch Shell has been paying billions in share dividends through the British Channel islands without tax.


GroenLinks MP Jesse Klaver (pictured), who leads the environmental party, said on Twitter he had asked the head of the lower house of parliament to look at relations between the Anglo-Dutch company and the government to see if any law had been broken and if politicians had been involved.


“It seems as if the tax authorities have been complicit in tax evasion so as to make the fusion (of the two companies in 2005) possible,” Klaver told the Trouw daily newspaper. “This is unheard of!”


Up to 2005, Royal Dutch Shell company was composed of a Dutch and British entity working together, but management decided it was best to have a single parent company, with shares listed in both London and Amsterdam. — Reuters


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