Transocean Owes $473M In Back Taxes, US Says
The Swiss company received an assessment from U.S. tax authorities earlier this month claiming that Transocean owes another $473 million, excluding interest, according to Transocean's annual report filed with the U.S. Securities and Exchange Commission.
The assessment raised issues relating to transfer pricing for charters of drilling rigs between Transocean subsidiaries and the creation of...
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