Intelligent news from Mozambique

Eni-Exxon CGT bill ‘not automatic,’ says Mozambique tax authority

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Mozambique’s Tax Authority (Autoridade Tributaria, or AT) is still calculating the taxable base for the offshore gas block stake that Italy’s Eni is selling to US oil giant ExxonMobil, promising a statement on Tuesday on how it calculates the capital gains tax (CGT).

© Zitamar Ltd. Reproduction and dissemination prohibited without written permission.

© 2017, Zitamar Ltd. Reproduction and dissemination prohibited without written permission.

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