November 20, 2008
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French government threatens oil companies with special tax
PARIS - French oil major Total SA pledged Friday to invest more of its profit in exploration, refining and renewable energies, after the government threatened oil companies with a special tax in response to soaring oil prices.
Ruling May Open Tax Law to More Challenges
A federal appeals court decision that barred the government from taxing some types of damage awards may encourage challenges to other sections of the tax law.
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