Tullow Oil jumps after being exempt from $320 million tax
Shares of Tullow Oil jumped over 14% on Friday after the West Africa-focused company was exempted from a $320 million tax on its Ghana operations.
Tullow Gains on $320 Million Ghana Tax Arbitration Case Win
Tullow Plc gained after an international body found it wasn’t liable for a $320 million tax assessment in Ghana, where its key oil assets are located.
ICC Ruling Relieves Tullow Oil from Paying $320 Million Tax in Ghana
Tullow Oil, operating in West Africa, has been exempted from the Branch Profit Remittance Tax (BPRT) for its Ghana offshore fields. The International Chamber of Commerce ruled in favor of the company,
Tullow Oil exempt from $320 mln tax after ICC ruling on Ghana operations
Tullow Oil said on Thursday the International Chamber of Commerce (ICC) has ruled that the Branch Profit Remittance Tax (BPRT) does not apply to its operations in the Deepwater Tano and West Cape Three Points fields offshore Ghana.
Tullow Oil Receives Positive Decision Over Tax Dispute in Ghana
Tullow Oil said it received a favorable decision from the International Chamber of Commerce, saying it isn't liable to pay a $320 million tax issued by Ghanaian authorities.
Tullow Oil Wins Key Tax Arbitration in Ghana
An update from Tullow Oil ( ) is now available. Tullow Oil has successfully won a tax arbitration case against the Ghana Revenue Authority, with the International Chamber of Comme
Tullow Ghana wins $320 million tax dispute with Ghana Revenue Authority
Tullow Oil has won its $320 million tax dispute with the Ghana Revenue Authority at the International Chamber of Commerce involving Branch Profit Remittance Tax.
Tullow Oil surges after positive tribunal ruling in $320M Ghana tax case
Tullow Oil (OTCPK:TUWLF) (OTCPK:TUWOY) +11.6% in London trading after an international tribunal found it is not liable for a $320M tax assessment in Ghana, where its key oil assets are located. The International Chamber of Commerce ruled Ghana's branch profit remittance tax assessment "falls outside of the tax regime provided for in the petroleum
Tullow shares gush as oil firm handed $320m tax exemption
Tullow Oil shares soared on Friday after the London-listed firm revealed it would no longer have to pay a tax bill worth $320million (£258million).
The EastAfrican15d
Congo loses first round of $180m top cobalt miner suit
A South African law firm is seeking compensation from the DRC after it helped Kinshasa win a $180 million Glencore suit.
Zawya16d
International Tribunal Rejects Democratic Republic of Congo’s (DRC) Attempt to Avoid Accountability on the Glencore Bribery Case
International Tribunal Rejects Democratic Republic of Congo’s (DRC) Attempt to Avoid Accountability on the Glencore Bribery ...