EnergyWatch

Russia settles with ExxonMobil in tax dispute

A legal dispute concerning over-taxation of more than USD 600 million has been resolved in a "a mutually beneficial compromise," informs the Russian Ministry of Finance.

Photo: ritzau/AP/Alexei Druzhinin

ExxonMobil and Russia have reached a settlement outside of the court for a dispute concerning over-taxation totaling USD 637 million, reports Reuters, citing a notice issued by the Russian Ministry of Finance on Thursday.

"The sides have reached a mutually beneficial compromise," writes the ministry, adding that the settlement was reached Tuesday.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs