Chevron drops appeal over landmark Australian tax ruling

MELBOURNE, Aug 18 (Reuters) – Chevron Corp haswithdrawn an appeal to Australia’s High Court over a disputedA$340 million ($268 million) tax bill, leaving in place alandmark court ruling on related-party loans that could affectother multinational companies.
The post Chevron drops appeal over landmark Australian tax ruling appeared first on RocketNews | Top News Stories From Around the Globe.