GRA hails Ghana’s victory after tribunal upholds US$393m Tullow tax bill

09 million tax assessment against Tullow Ghana Limited, in a major victory for Ghana.

The dispute arose from the taxation of business interruption insurance proceeds received by Tullow Ghana Limited in connection with its petroleum operations in Ghana.“The decision affirms the Authority’s position that the assessment was made in accordance with Ghana’s tax laws and reinforces the principle that all taxpayers, irrespective of their size or sector, are subject to the laws of the Republic,” the GRA said.