Shell plc second quarter 2017 Euro and GBP equivalent dividend payments

Dividends on A Shares will be paid, by default, in euro at the rate of €0.3949 per A Share. Holders of A Shares who have validly submitted pounds sterling currency elections by August 25, 2017 will be entitled to a dividend of 36.28p per A Share. Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 36.28p per B Share. Holders of B Shares who have validly submitted euro currency elections by August 25, 2017 will be entitled to a dividend of €0.3949 per B Share. This dividend will be payable on September 18, 2017 to those members whose names were on the Register of Members on August 11, 2017.

    Taxation – cash dividend
Cash dividends on A Shares will be subject to the deduction of Dutch dividend withholding tax at the rate of 15%, which may be reduced in certain circumstances. Based on a policy statement issued by the Dutch Ministry of Finance on April 29, 2016 (which has been formalised in law with effect from January 2017), and depending on their particular circumstances, non-Dutch resident shareholders may be entitled to a full or partial refund of Dutch dividend withholding tax. As from 2018, Dutch and non-Dutch resident shareholders who are exempt from corporate income tax may elect for an exemption from Dutch dividend withholding tax instead of requesting a refund if tax was withheld. Furthermore, in April 2016, there were changes to the UK taxation of dividends. The dividend tax credit was abolished, and a new tax free dividend allowance introduced. Dividend income in excess of the allowance is taxable at the following rates: 7.5% within the basic rate band; 32.5% within the higher rate band; and 38.1% on dividend income taxable at the additional rate. If you are uncertain as to the tax treatment of any dividends you should consult your own tax advisor. Source / More: Royal Dutch Shell plc oilandgasOil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook]]>

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