Gateway to Russia
 RUSSIA IN FACTS
22 January 2004 12:06
YUKOS sues Tax Ministry
YUKOS Oil Company has filed a lawsuit against the Russian Tax Ministry to protect its business reputation. The complaint was filed with the Arbitration Court of Moscow, said YUKOS spokesman Alexander Shadrin.

According to Mr. Shadrin, YUKOS demands that the Tax Ministry refute the information contained in the Tax Ministry’s letter to the Prosecutor General's Office of the Russian Federation. The letter, signed by Deputy Tax Minister Igor Golikov, says that YUKOS owes the state RUR 150bn in unpaid taxes (about $5.2bn according to the current exchange rate).

“The company considers that this information is untrue, and it discredits and harms YUKOS’s business reputation,” Mr. Shadrin pointed out.

Last week, YUKOS sent a letter of protest to the Tax Ministry regarding the results of an audit inspection, which were presented to the company on December 29, 2003. Earlier, YUKOS said it would protect its rights in court.

In December 2003, the Tax Ministry completed the inspection of YUKOS’s tax payments in 2000. On December 29, the company received the results of the inspection, saying that it was guilty of wrongdoing and owed the state more than RUR 98bn in unpaid taxes and interest.


[RBCTop]
Subscription to the daily news digest
Click here to subscribe to the daily news digest.
You will be able to choose your own topics of interest.
Your e-mail address will be kept confidential and will be used exceptionally for sending you this digest.

MOST POPULAR ARTICLES
Mig sells 16 aircraft to India
Russian, Indian naval cooperation to include new cruise missile
The Fall of the Dollar; The Sly Ruble
Federal state planning is vital
The game against the dollar continues; Corporate bonds grow again
Business ethics in modern Russia
Russia .php">
MORE OF THE LATEST NEWS
Finance Minister goes to Davos for investors
GDP grew 7% in 2003
YUKOS sues Tax Ministry
Russians prefer ruble savings
World Bank president positive about reforms in Russia
RAO UES head to discuss energy issues in Davos

top        Send article by e-mail
Get more info about Russia

Contact Us

© Copyright Gateway to Russia 2003

The site is created and administrated by Expert Group within the framework of exclusive contract with the Financial Times