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Orascom faces $596m Algerian tax bill
19 November 2009
Orascom has to pay a huge tax bill for its Djezzy mobile network in Algeria, the Algerian national tax authorities are claiming. Orascom denies liability
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[Orascom]
[Djezzy]
[tax]
[Algeria]
[Wataniya]
Comment: Mobile phone companies can be highly profitable and they are often some of the richest corporations around in an emerging market. Orascom is not alone: Vodafone has also been fighting a long-running battle in India.
The Algerian tax authorities...
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