Chevron loses appeal against $260 million Australia tax bill

Friday, 21 April 2017  (1 week ago)
CANBERRA, Australia (AP) — An Australian subsidiary of U.S. energy giant Chevron Corp. lost a court appeal on Friday against a 340 million Australian dollar ($260 million) tax bill in a ruling with ramification for how multinational corporations transfer money. The court found the company had reduced its Australian tax cost...

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