Petrobras loses $1.9bn tax ruling

Brazil's Administrative Tax Appeals Council (Carf) has ruled that Petrobras must pay 7.3 billion reais ($1.9 billion) in back taxes and fines related to deductions on its 2007 and 2008 filings.

More financial woe: Aldemir Bendine-led Petrobras loses tax case
More financial woe: Aldemir Bendine-led Petrobras loses tax case
Published 3 March 2016, 15:04Updated 18 October 2016, 04:56
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