Join AOGdigital on Facebook Join AOGdigital on LinkedIn Join AOGDigital on Twitter


Petrobras Receives Unfavorable Tax Ruling

By  AOG Staff Wednesday, 23 January 2019 03:03
Rate this item
(0 votes)

Petroleo Brasileiro SA (Petrobras) has received an unfavorable ruling from a tax court in a 1.7 billion reais ($445.70 million) dispute involving corporate tax charged in 2012 on overseas companies it controlled, the Brazilian state-run oil company said in a securities filing on Wednesday.

© Celso Pupo / Adobe Stock
© Celso Pupo / Adobe Stock

Petrobras said it will appeal the decision.

($1 = 3.8142 reais)

(Reporting by Ana Mano; editing by Jason Neely)

Read 1867 times