The treaty trap: tax avoidance in Mozambique’s extractive industries; the gas companies
Published by Centre for Research on Multinational Corporations (SOMO) and The Centre for Democracy and Development (CDD), 21 July 2024
van Teeffelen & Kiezebrink, 2023, “The treaty trap: tax avoidance in Mozambique’s extractive industries; the gas companies”. July 2023, Centre for Research on Multinational Corporations (SOMO) and The Centre for Democracy and Development (CDD).
Please access the study in English below or via the SOMO website.
Mozambique’s extractive industries are fraught with tax avoidance. Through abusing tax treaties Mozambique has with tax havens Mauritius and the United Arab Emirates (UAE), SOMO estimates that five gas and mining companies – including TotalEnergies, Eni, and Vale – will involve the avoidance of between US$ 1.4 and US$ 2.1 billion in Mozambican taxes. The research presented here illustrates how this tax avoidance works in practice, separated into two reports: The gas companies and The miners.
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