Chevron Settles Landmark Tax Case in Australia

摘要

Chevron has reached what is thought to be a A$1 billion settlement with Australian tax authorities over transfer pricing rules in a move that will resonate with the industry, and could net the government billions in revenues from other multinationals. "Chevron Australia has reached agreement with the Australian taxation office ATO on the loan transfer pricing dispute and we have withdrawn our appeal to the High Court,” a Chevron spokesman said on Friday.