Welp. Does the word 'revenues' mean the same here as usual? What op margins were they making to permit giving away 50% of the top line?https://twitter.com/peterhr/status/921054184685932544 …
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...If it makes a $150 billion tax claim go away? Acacia has claimed to have no profits in Tz. Interested to learn more on details of this.
$190 billion tax bill was a shake-down https://www.cgdev.org/blog/inflated-expectations-about-mineral-export-misinvoicing-are-having-real-consequences-tanzania … . Plus some more on the original tax case https://www.squirepattonboggs.com/~/media/files/insights/publications/2017/05/tanzania-reinforces-the-importance-of-tax-advice-and-bilateral-investment-treaty-protection-when-investing-in-emerging-markets/tanzaniareinforcestheimportanceoftaxadviceandbilateralinvestmenttreatyprotectionwheninvestinginemergingmarkets.pdf …
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Very interesting and thorough analysis!
Thanks. Twitter will use this to make your timeline better. UndoUndo
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