Tullow faces Ugandan gains tax
UK explorer Tullow Oil has to pay capital gains tax on proceeds from the transfer of working interests, or farm-downs, in its Uganda assets to Frances Total and China National Offshore Oil Corporation (CNOOC), a senior government official said.
p>UK explorer Tullow Oil has to pay capital gains tax on proceeds from the transfer of working interests, or farm-downs, in its Uganda assets to Frances Total and China National Offshore Oil Corporation (CNOOC), a senior government official said.