Taxation in Guinea

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The government of Guinea will use 35 percent of a $700 million windfall from Anglo-Australian miner Rio Tinto to rebuild the mineral-rich West African nation’s broken infrastructure, a Guinean official said on Sunday.

Guinea’s mines minister said on Thursday that RUSAL owes the West African nation at least $860 million in unpaid taxes. The claim is a result of Guinea’s hiring auditing firm Alex Stewart International to inspect the Russian company’s operations in Guinea, and follows a conflict over the purchase of a refinery, which Conakry says RUSAL […]