Shell may reconsider dual listing if Netherlands scraps dividend tax – CFO

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AMSTERDAM, Nov 2 – Royal Dutch Shell could reconsider its dual London-Amsterdam listing if the Dutch government goes ahead with plans to remove a tax on dividends, Chief Financial Officer Jessica Uhl said on Thursday.

The new Dutch government has proposed to scrap a 15 percent tax on dividend payments as part of its more business-friendly pledges.

“That hasn’t happened yet but if (it did) then we could take a look at the structure,” Uhl told analysts on Thursday.

“But we’ll need to wait for that to actually come to fruition before we move into decision-making in that space.”

She said the rationale behind the company’s dual listing was to not disadvantage British-based shareholders. (Reporting by Karolin Schaps)

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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