trending Market Intelligence /marketintelligence/en/news-insights/trending/hVwO8uUF-juefhDHx0O82Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

US tax cut to dent Q4 Shell results

Gold RRS 2020 — Top Gold Producers' Reserves In Decline

Infrastructure Issues: Understanding and Mitigating Risks

Trade Payment Risk Is Not Necessarily Default Risk

COVID-19: How can we tell which Local Governments will be most impacted by the Pandemic?

US tax cut to dent Q4 Shell results

Royal Dutch Shell plc said the potential impact of the U.S. tax reform would be favorable to Shell and its U.S. operations primarily due to the lower corporate tax rate, though the fourth-quarter results will take a hit.

The company did not quantify the expected fourth-quarter charge saying "the analysis of the actual impact is not yet complete." The company said it would publish the actual impact, including any fourth-quarter movements, as part of its fourth-quarter results.

However, on the basis of the third-quarter financial statements, Shell would have incurred an estimated charge of $2.0 billion to $2.5 billion, primarily due to a re-measurement of its deferred tax position to reflect the lower tax rate of 21%.

Earlier in the day, Barclays Plc said it expects to incur a one-off charge of about £1 billion to its 2017 group profit after tax resulting from the new U.S. Tax Cuts and Jobs Act, implemented Dec. 22.