EnergyWatch

Dutch government attempts to keep Shell – revives exit tax

In attempts to keep Shell in the Netherlands, the oil major now faces a potential exit tax from the Dutch government amid plans to relocate to the UK.

Photo: ROBIN UTRECHT/AFP / ANP

Shell faces an exit penalty by the Dutch government following the oil major's decision to relocate its headquarters, including its tax base, to the UK, writes The Times.

The exit tax proposed by Dutch opposition could amount to billions of pounds sterling, according to the media.

On Monday, the British-Dutch oil major caused a stir in the Netherlands when announcing its coming move to the UK, where the company is registered.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Vestas confirms spread of stolen data

Data from the OEM's IT systems have been stolen and offered to a third party, informs Vestas, which has "reasons to believe" that the leaked data mainly pertains to internal company matters, says CEO.

Further reading

Related articles

Latest News

See all jobs