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Legal challenge over UK oil and gas tax breaks accepted for court hearing

By Kathryn Carlson ( July 29, 2021, 16:40 GMT | Insight) -- UK tax breaks for oil and gas companies operating in the North Sea face legal scrutiny after environmental campaigners saw a challenge against the UK government and its state-owned Oil and Gas Authority accepted for a court hearing. The campaigners allege that the strategy is unlawful as it labels oil and gas production as economically beneficial to the UK as a whole without taking into account support for the sector through tax breaks and rebates.Oil and gas companies operating in the North Sea will see UK government tax breaks put to the test after the High Court in London agreed to hear a legal challenge from environmental campaigners....

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