Audit of US$7.3b claims found Exxon’s subsidiary assigned costs using complex system – -some expenses included transfer pricing percentage

The RHVE Consortium that undertook the audit of the US$7.3 billion claims by ExxonMobil’s subsidiary for the period 2017 to 2020 said that the company assigns costs using a complex system and while only a small figure, some expenses were above what they should be and included a transfer pricing percentage.

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