Nigeria court orders Mobil pay $83.4 million tax

LAGOS, Nigeria — Nigeria’s Tax Appeal Tribunal has ordered Mobil Oil Nigeria to pay $83.4 million in education taxes owed from 2008.

The official News Agency of Nigeria reported Mobil’s lawyer argued that the assessment breached an agreement with the government and the Nigerian state oil company allowing Mobil to deduct all taxes due to other agencies from the tax paid to the federal and state governments.

The five-man appeal tribunal ruled the agreement expired in 2003 and was never renewed.

Mobil Nigeria couldn’t be reached for comment Friday night. It was unclear whether it would be liable for the education tax for the years following 2008.

More in Herald Business Journal

Happy accident leads Edmonds couple to make Hunniwater drink

The latest line of energy drinks by Karin and Eric… Continue reading

Single payer is no panacea for our costly health care system

We must address the cost of health care before designing an insurance system.

Voters are on the sidelines as the port fills a vacant seat

Troy McClelland resigned from the Port of Everett commission too late for an election before 2019.

Career Fair planned next week at Tulalip Resort Casino

The Snohomish County Career Fair is planned from 10 a.m. to 2… Continue reading

American Farmland Trust president to speak in Mount Vernon

American Farmland Trust President John Piotti plans to give a talk about… Continue reading

In new setback, Uber to lose license to work in London

The company, beset by litany of scandals, was told it was not “fit and proper” to keep operating there.

Not home? Walmart wants to walk in and stock your fridge

The retailer is trying out the service with tech-savvy shoppers who have internet-connected locks.

Trade panel: Cheap imports hurt US solar industry

The ruling raises the possibility of tariffs that could double the price of solar panels.

Agent joins Re/Max in Smokey Point

Dennis Roland joined the Re/Max Elite Smokey Point office. The Navy veteran… Continue reading

Most Read