Uganda wins $434m oil tax case against Heritage Oil

London –Uganda has won a landmark $434m oil tax case in London against Heritage Oil and Gas.A three-member arbitration team ruled against the three core tax claims by Heritage, which was contesting the decision by the Uganda Revenue Authority (URA) to tax their $1.45b transaction with Tullow Oil, according to Ali Ssekatawa, the URA assistant commissioner for litigation.
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