ICC Rules on Tullow Oil Ghana's $196.5M Tax Assessment Dispute

The International Chamber of Commerce (ICC) has issued a tribunal award regarding a $196.5 million corporate income tax assessment on Tullow Oil Ghana. The assessment concerns proceeds from Tullow's Business Interruption insurance policy for the years 2016 to 2019. The ICC ruled that the tax assessment does not violate Tullow's Petroleum Agreements.

Originally published by gnews