Brief: St Barbara Says PNG Internal Revenue Commission Delivered Correspondence To Simberi Gold
24/12/2024 01:01
Dec 24 (Reuters) - St Barbara Ltd SBM.AX :
* PAPUA NEW GUINEA INTERNAL REVENUE COMMISSION DELIVERED
CORRESPONDENCE TO SIMBERI GOLD'S TAX AGENT
* ST BARBARA AND SIMBERI GOLD REJECT IRC'S ARGUMENTS THAT
UNDERPIN
ASSESSMENTS
* CONFIRMS ASSESSMENT WILL BE APPEALED WITHIN 60-DAY APPEAL
PERIOD.
* IRC CORRESPONDENCE CONTAINS ASSESSMENT OF ADDITIONAL
TAXES,
INCLUSIVE OF 200% PENALTY IMPOSITION, PNG KINA (PGK) 523 MILLION
Further company coverage: SBM.AX
((Reuters.Briefs@thomsonreuters.com;))
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