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Dutch Tax Storm Hits Shell, Dutch Parliament to Hold Hearings

|Proposed Changes|Netherlands
Netherlands

Dutch multinational Shell, the country's and Europe's largest company, has been caught in a controversy reflective of the defiant political and public mood around multinationals' tax affairs. Press reports based on leaked taxpayer data indicated that Shell Netherlands did not pay any corporate tax in the Netherlands for the years 2016-2018 (and most likely previous years) despite posting pre-tax profits of EUR 1 billion for 2016 and EUR 1.3 billion for 2017. Shell Netherlands top executives h…

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