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Tax Office goes after oil giant
2014-10-09 01:50:35| Oil & Gas - Topix.net
Australian tax authorities allege multinational oil giant Chevron used a series of loans and related party payments worth billions of dollars to slash its tax bill by up to $258 million. New documents filed in a long-running dispute in the Federal Court show how Chevron allegedly engaged in a complex scheme to benefit from the tax-free interest on inter-company loans.
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Category:Energy and Environment
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