Cameco Urges Canada Tax Agency to Return Millions in Tax Dispute

March 27, 2023, 9:11 PM UTC

Uranium miner Cameco Corp. is urging the Canada Revenue Agency to return C$480 million ($352 million) in withheld tax after an agreement to return a related C$300 million.

Cameco said Monday that past court rulings require the agency to refund all C$780 million ($571 million) the company has been seeking in a dispute over its transfer pricing transactions for the 2007-2013 taxation years.

“CRA should fully reverse the remaining transfer pricing adjustments for these years, return the full amount of cash and ...

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