Chevron may be denied appeal as ATO targets high-risk MNEs

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Chevron may be denied appeal as ATO targets high-risk MNEs

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Chevron has announced it will appeal its A$300 million ($226 million) tax bill after its Federal Court loss last month, but with the Australian Taxation Office (ATO) setting its sights on at least a dozen high-risk companies for similar arrangements, things are not looking up for corporates.

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