The oil company has defended itself in response to allegations that a trust structure it established as part of the relocation of its headquarters from London to The Hague has cost the Dutch treasury up to € 7bn ( $ 8.1bn ) in lost revenue . The accusations relate to the use of an offshore trust in Jersey since 2005 and have led to calls for the European Commission to investigate Shell 's tax affairs . He said: “The probability that the European commission will go after this tax arrangement with Shell is huge. Suggestions that the arrangement conflicts with European Union rules and that Shell could face similar penalties to Apple for breaching state aid regulations have been reported by Dutch newspaper Trouw .
The oil company has defended itself in response to allegations that a trust structure it established as part of the relocation of its headquarters from London to The Hague has cost the Dutch treasury up to € 7bn ( $ 8.1bn ) in lost revenue . The accusations relate to the use of an offshore trust in Jersey since 2005 and have led to calls for the European Commission to investigate Shell 's tax affairs . Suggestions that the arrangement conflicts with European Union rules and that Shell could face similar penalties to Apple for breaching state aid regulations have been reported by Dutch newspaper Trouw .