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TGS wins appeal in tax law violation case

Offshore survey service provider TSG has announced that the company has been acquitted of Økokrim’s charge alleging violations of the Norwegian tax law by subsidiary Skeie Energy in a seismic data purchase deal between the two companies.

The Borgarting Appeal Court issued the decision after TGS’ appeal of the Oslo City Court’s split decision in which TGS was found guilty and sentenced to a fine of NOK90m ($8.6m).

TGS said it is satisfied with the decision, which is in line with the view the company has argued since the case materialised in 2014.

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Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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