Hunting set for £25m Canada tax refund

By Nizar Manek, 17 December 2012
(Financial Times) --
Hunting has resolved a tax dispute with Canadian regulators that will see the London-headquartered international energy services group receive a cash refund of about £25m.
The refund focuses on payments Hunting made in response to corporation tax reassessments. Of the total, £17m has already been received, with the remaining £8m expected in the first quarter of next year.
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