Uganda ruled on Thursday that Heritage Oil must pay a $404 million tax bill, dismissing an appeal by the UK-listed company. Heritage argues it is not liable to pay tax in the country on the $1.45 billion sale last year of stakes in two oil blocks in ... Uganda orders Heritage Oil to pay $404m tax
Thursday, November 24, 2011
Uganda orders Heritage Oil to pay $404m tax
Uganda ruled on Thursday that Heritage Oil must pay a $404 million tax bill, dismissing an appeal by the UK-listed company. Heritage argues it is not liable to pay tax in the country on the $1.45 billion sale last year of stakes in two oil blocks in ... Uganda orders Heritage Oil to pay $404m tax
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