Chevron loses appeal against $260 million Australia tax bill

Friday, 21 April 2017  (4 days ago)
CANBERRA, Australia (AP) — An Australian subsidiary of U.S. energy giant Chevron Corp. has lost a court appeal against a 340 million Australian dollar ($260 million) tax bill in a ruling with ramifications for how multinational corporations transfer money. Three judges of the Australian Federal Court unanimously rejected on...

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