finance | banking | taxes


Oil major settles huge capital gains tax bill to Vietnam after Finance Uncovered investigation
When Vietnam signalled it would claim the tax due, oil giant ConocoPhillips issued a pre-emptive legal strike using an arbitration process under the UK-Vietnam bilateral investment treaty.
Telenor hopes to settle GP audit claim without int'l arbitration
Now that the February 23 deadline for the court directive to pay Tk2,000 crore audit dues to the telecom regulator looms, Telenor hopes that the ongoing audit dispute can be settled without resorting to international arbitration.
Ncell backed by international tribunal in Nepal tax row
The ICSID has issued an interim order preventing Nepal’s government from collecting capital gains tax on Axiata’s acquisition of Ncell.
Ncell pays Rs 4.5 billion of its total CGT dues
The ICSID had issued an interim order directing the government not to take any steps to enforce its decision to collect the outstanding capital gains tax.
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