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Despite not paying taxes, Exxon boss says profit sharing and royalty is same as giving Guyana tax

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“In effect, that profit sharing royalty is tax…so would you prefer to have 25% income tax or 52% plus of revenues effective tax to the state from the PSA?”- EMGL President, Alistair Routledge By: Davina Bagot Kaieteur News-Although Guyana has so far lost over US$10B in corporate taxes as a result of the lopsided terms […]

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