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MARKETS

Chevron appeals tax decision

THE multinationals invested heavily in Australia are watching closely as Chevron has confirmed it is appealing to the High Court to overturn a ruling to pay the Australian Tax Office $340 million over intra-company loan interest rates, which could have major ramifications for the sector.

Anthony Barich
Chevron appeals tax decision

Other multinationals which operate or are developing some of Australia's biggest LNG projects told Energy News on the sidelines of APPEA 2017 that they were deeply concerned about proposed changes to the...

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