January 17, 2019 / 3:59 PM / 4 months ago

Brazil's Petrobras will have to pay $400 mln in additional income tax

SAO PAULO, Jan 17 (Reuters) - Brazil’s state-run oil company Petrobras on Thursday said it had lost an appeal in a Brazilian tax court and will have to pay an additional 1.5 billion reais ($398.10 million) in income tax, according to a securities filing.

The additional payment refers to taxes for the year 2010. ($1 = 3.7679 reais) (Reporting by Marcelo Rochabrun Editing by Chizu Nomiyama)

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