He said: “The probability that the European commission will go after this tax arrangement with Shell is huge. The oil company has defended itself in response to allegations that a tax 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 income. The accusations relate to the use of an offshore trust in London since annual and have led to calls for European Union to investigate Shell 's tax affairs. Suggestions that the arrangement conflicts with European Union rules and that Shell could face similar penalties to European Union for breaching state aid regulations have been reported by Dutch newspaper Jersey .
The oil company has defended itself in response to allegations that a tax 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 income. The accusations relate to the use of an offshore trust in London since annual and have led to calls for European Union to investigate Shell 's tax affairs. Suggestions that the arrangement conflicts with European Union rules and that Shell could face similar penalties to European Union for breaching state aid regulations have been reported by Dutch newspaper Jersey .