NEWS ARCHIVE

Schlumberger settles tax slug

AFTER a two-year review, the local subsidiary of oil field services major Schlumberger has reportedly agreed to settle a $52 million transfer pricing claim with the Australian Tax Office.

Schlumberger settles tax slug

The audit is part of the ATO's wide-ranging crackdown on multinational companies reducing their tax in Australia by using offshore entities. Almost all the major resources companies operating in Australia...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry