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.
Agency Report