GRA assures Tullow of collaboration  to settle Us$393 million tax liability without disrupting its petroleum operations

The Ghana Revenue Authority (GRA) has said it will work with Tullow Ghana to resolve a US$393 million tax dispute without disrupting the company’s petroleum operations.

The GRA on Tuesday won the tax claim against Tullow Ghana at the London International Arbitration after Tullow challenged the revenue agency’s assessment under the Petroleum Revenue Management Act.“The Ghana Revenue Authority welcomes the news of victory at the London Arbitration sustaining a tax claim of over US$393 million,” he said.