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Tax evasion: Senegal claims 41 billion from Woodside

07/08/2024
Source : ORISHAS-FINANCE
Categories: Compliance

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The oil company Woodside has been singled out for tax evasion. For this fact, the Senegalese tax administration is requesting 41 billion FCFA

.

Woodside Energy Senegal has been recovered to the tune of 41.467 billion CFA francs by the Fisc. According to the information, the reorganization was notified to Woodside, after a long procedure, by letter number 00005517/Mfb/Dgid/Dge/Brg dated June 12, 2024 issued by the Head of the Collection Division of the Collection Division of the General Directorate of Taxes and Domains

(Dgid).

De même, The IRS is demanding a real estate capital gains tax of $14.5 million, (including interest and penalties) which “should have been withheld by Woodside from the price paid in Cairn”.

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