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Special Report: How oil majors shift billions in profits to island tax havens

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(Reuters) - Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at all. Yet the islands are deep wells of profit for European oil giant Royal Dutch Shell Plc.
FILE PHOTO: An oil tank truck fills the pumps at a Shell petrol station in Sao Paulo, Brazil, May 31, 2019. Picture taken May 31, 2019. REUTERS/Nacho Doce/File Photo
In 2018 and 2019, Shell earned more than $2.7 billion - about 7% of its total income in those years - tax-free by reporting profits in companies located in Bermuda and the Bahamas that employed just 39 people and generated the bulk of their revenue from other Shell entities, company filings show. ....

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Cómo las grandes petroleras mueven miles de millones a paraísos fiscales

Cómo las grandes petroleras mueven miles de millones a paraísos fiscales
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How oil majors shift billions in profits to island tax havens | Hellenic Shipping News Worldwide

How oil majors shift billions in profits to island tax havens | Hellenic Shipping News Worldwide
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