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UK ponders North Sea tax changes

NORTH Sea oil and gas companies pay a corporation tax rate of 30% and a "supplementary tax" of 32...

Haydn Black
UK ponders North Sea tax changes

The UK could lose $8 billion per annum and five million barrels of oil per day of production if North Sea investment isn't pumped back up. Oilers say that if the UK government fails to take action it...

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