The Malawian government has targeted US gemstone miner Columbia Gem House, while Amgen has successfully consolidated two separate tax disputes with the Internal Revenue Service.
Lilongwe, Malawi August 4 US company Columbia Gem House has denied accusations from Malawi that it owes more than $300 billion in unpaid taxes on Kenya breaking news | Kenya news today |
A gemstone company that bills its products as fair trade and responsibly sourced owes Malawi's government $309.6 billion in unpaid taxes related to ruby and sapphire extraction, according to a letter shared with Law360 on Tuesday.