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Turquoise Hill Provides Update on Oyu Tolgoi LLC International Tax Arbitration News provided by Share this article Share this article MONTREAL, May 3, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ( Turquoise Hill or the Company ) today announced that the Government of Mongolia ( GOM ) filed its statement of defence together with a counterclaim ( GOM Defence and Counterclaim ) in relation to a previously-disclosed international tax arbitration proceeding brought by Oyu Tolgoi LLC ( OT ) against the GOM in February 2020. Turquoise Hill is not a party to that arbitration, but the Company understands that the GOM Defence and Counterclaim includes a request that the arbitral tribunal add both the Company and a member of the Rio Tinto Group as parties to the tax arbitration. The Company understands that the principal thrust of the GoM Defence and Counterclaim is to seek the rejection of OT s tax claims in their entirety. As part of the counterclaim, the GoM makes ....