Brief: Far Announces Senegal Tax Authority Claim

FAR

26/11/2023 22:50

Nov 27 (Reuters) - FAR Ltd  FAR.AX :
    * SENEGAL TAX AUTHORITY CLAIM
    * NOTIFICATION OF ADJUSTMENTS RECEIVED WITH RESPECT TO
POTENTIAL
CLAIM FROM SENEGAL TAX AUTHORITY
    * TAX AUTHORITY CLAIM ON SALE BY CO OF INTEREST IN RSSD
PROJECT TO
WOODSIDE ENERGY (SENEGAL) BV IN 2021
    * NOTIFICATION OF ADJUSTMENTS INCLUDES A CAPITAL GAINS TAX
CLAIM
OF US$4 MILLION RELATING TO FAR SALE
    * CONSIDERS LIKELY THAT IT WOULD BE CALLED ON TO AND WOULD
NEED TO
INDEMNIFY WOODSIDE FOR AMOUNT

Source text for Eikon:  ID:nASX3fRFQ1 
Further company coverage:  FAR.AX 

 ((Reuters.Briefs@thomsonreuters.com;))