POLICY

Karoon slugged with oil tax 

KAROON Energy is about to be hit by a new oil tax of 10% in a temporary measure by the Brazilian government that will hit revenue by up to US$35 million. 

Karoon slugged with oil tax 

The 9.2% tax on oil sales will run four months to the end of June and will be deductible for corporate income purposes, the offshore Santos basin producer said today.    Karoon's full guidance for...

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