Australia’s largest LNG producer is ready to pay its first ever full yr of firm tax after reporting a $12 billion greenback revenue.
With Australian tax legal guidelines permitting Chevron to offset their substantial growth prices, the US-owned group solely started paying firm revenue tax final yr.
However, the oil and gasoline large is now on monitor to grow to be one of many nation’s largest taxpayers.
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Source: www.perthnow.com.au
