19 May 2004 02:01 Samaraneftegaz, Yukos suspected of owing 3 bln rubles in taxes (Part 2)
"The searches in the oil company have taken place as part of an
investigation for the failure to pay taxes by the Samaraneftegaz
MOSCOW. May 19 (Interfax) - The Russian Interior Ministry has confirmed that a series of searches was conducted in
the Yukos oil company's central office in Moscow.
company together with Yukos. A tentative report suggests that these companies did not pay about 3 billion rubles in
taxes to the budget between 1996-2000," Tatiana Mironenko, press secretary of the Interior Ministry's Federal
Service for Economic and Tax Crimes, told Interfax on Wednesday.
A criminal case on tax evasion charges was opened against Samaraneftegaz's management in March.
"The investigation has established that in order to avoid paying taxes, the management of Samaraneftegaz and
Yukos sold pure oil as well fluid," Mironenko said.
"Well fluid is a fluid pumped from wells. It consists of oil mixed with water, dirt and other components. This
fluid is naturally sold at a lower price than pure oil, thus leading to lower payments of the profit tax," the
press secretary said. [RU EUROPE EEU EMRG CRIM LAW OIL] tm tj <>
[Interfax] |