PolicyTax & SuperPrint articleChevron abandons High Court appeal bid against ATO Joanna MatherUpdated Aug 18, 2017 – 5.38pm, first published at 12.06pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginAustralia has locked in at least $10 billion in extra tax revenue over the next decade after Chevron abandoned a High Court challenge over a transfer pricing dispute with the Tax Office.The company's decision to withdraw is a major win for the ATO and Australian government, which will collect $1 billion of extra tax revenue a year from a range of other foreign multinationals as a result of the precedent set by the case.Loading...SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreLegal professionOilLatest In Tax & superFetching latest articlesMost Viewed In PolicyThe Australian Financial Review MagazineWhat OpenAI’s Sam Altman suggests you do to keep your jobPaul SmithThis Australian watch reseller is making its move on London and NYCMonica Lewinsky might be the most influential feminist in 30 yearsBOSS Financial ReviewThe 3 traits that stand out among this year’s BOSS Young ExecutivesSally PattenHow this elite child gymnast leapt to the top of SportsbetWhat 18-hour days on a farm taught this NAB exec about bankingLife & LeisureThe secret to Oroton’s $123m turnaround successJessica BeresfordMaison Balzac glassware and bendy candlesticks to light up your homeStep inside this modernist penthouse with 360-degree viewsRich ListThree decades of PMs, fashion icons and the odd person headed for jailBrook TurnerFortescue near settlement with US tycoon after energy deal bust-upAustralia’s 50 Richest Bosses revealed
