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Just a reminder how much the multi-national O&G players like a...

  1. Tonik
    198 Posts.
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    09/10/14
    10:04
    Post #: 14098084
    Just a reminder how much the multi-national O&G players like a massive tax advantage - In todays press the ATO chasing Chevron for $258M + penalities for alleged transfer pricing.
    http://www.theage.com.au/business/a...fficulties-of-tax-reform-20141008-1134to.html

    MEO's current tax offsets of circa $154M offer a tasty bonus for a major with tax challenges currently operating in OZ, particularly if they can access this value for next to nix.
    MEO Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
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