Oil, Gas Cos. To Avoid $2B In Mozambique Taxes, Report Says
Published on: Monday 24 July 2023
European oil and gas companies are expected to avoid up to $2.1 billion in withholding taxes in Mozambique by routing the largest foreign investments in the country's history through shell companies in the United Arab Emirates, research groups said Monday.
News source: https://www.law360.com/tax-authority/articles/1703028/oil-gas-cos-to-avoid-2b-in-mozambique-taxes-report-says