Dutch Cabinet Has No Majority on Tax Move to Appease Shell
The headquarters of Royal Dutch Shell in The Hague, Netherlands.
Photographer: Jasper Juinen/Bloomberg
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The Dutch government won’t have a majority in parliament that would back scrapping a dividend tax in a bid to stop Royal Dutch Shell Plc moving its headquarters from The Hague to London, newspaper Algemeen Dagblad reported, citing unidentified people familiar with the situation.
Coalition partners D66 and ChristenUnie of Mark Rutte’s caretaker administration oppose the plan while the labor party PvdA and GroenLinks also aren’t in favor of it, the paper reported.