BUSINESS Royal Dutch Shell says plans move to UK tax residence

BUSINESS

Royal Dutch Shell says plans move to UK tax residence

AFP

17:06, November 15, 2021

In this Wednesday, Jan. 20, 2016 file photo, the Shell logo is at a petrol station in London. (Photo: AP)

Energy giant Shell on Monday announced plans to switch its tax residence from the Netherlands to the UK and drop Royal Dutch from its name under a major shakeup.

The group plans also to relocate to the UK its chief executive and chief financial officer on condition of shareholder approval in a vote due December 10.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue