Unilever would scrap HQ move if Dutch 'exit tax' law enacted

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Anglo-Dutch consumer goods company Unilever said in a filing on Monday that a plan to unify its headquarters in London and scrap its Dutch base ...

Anglo-Dutch consumer goods company Unilever said in a filing on Monday that a plan to unify its headquarters in London and scrap its Dutch base might not go ahead - if a law enacting an"exit tax" in the Netherlands is enacted.

Unilever said the law, if passed, would mean it needs to pay 11 billion euros to the Dutch government.It is not clear whether the law, proposed by the opposition Green Left political party, is in accordance with Dutch and European law, or whether it would win majority support in the Dutch parliament.

 

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