Russian mobile operator hit with almost 160 mln tax claim
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Alarm spread through the investment community in Russia as authorities slapped a back tax bill of almost 160 million dollars (121 million euros) on the number two mobile phone operator Vimpelcom, in what is widely seen as a government-linked campaign against the firm.
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Govt sets minimum price at $8.6 bn, against Dresdner Kleinwort Wassersteinâs lowest fair value of $15.7 bn. The Russian government on Friday approved the forced sale of the main subsidiary of Yukos, the
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Russia's justice ministry said that Yukos has paid three-fourths of its 2000 tax bill but still had billions more in outstanding debts that analysts said would require sales of its assets.
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The main subsidiary for embattled Russian oil giant Yukos has been hit with a new $1.2 billion tax bill for 2003, a news agency reported Tuesday.
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The revised bill raises by $700 million the Russian government's previous $3.4 billion estimate of back taxes for 2001.
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Investor's Business Daily - Could Russia's hypergrowth in cellular subscribers start slowing?
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Embattled Russian oil giant Yukos was ordered to pay over â¬1.1bn in fines and penalties today as part of a â¬3.31bn back-tax claim for 2001.
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its long-term goal of 40 percent market share in handset sales. The companyâs stock soared.
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RBC, 11.10.2004, Moscow 18:23:18.The Moscow Arbitration Court has recovered RUR39.113bn (about USD1.35bn) in overdue taxes for 2001 from YUKOS.
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The Russian wireless market is a springboard for growth.
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MOSCOW The Russian oil company Yukos will have to pay a heavy price for not paying its taxes on time. The Moscow Arbitration Court ruled today it must pay some one-point-four (b) billion dollars in fines and
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MOSCOW Yukos, Russia&#39;s largest oil producer, has said that the tax authorities have sent a bill for 2002 back taxes and penalties totaling nearly $1 billion to its largest unit, Yuganskneftegaz.
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The Russian government is demanding a total of $4.09 billion for 2001 from Yukos. Apart from the fines, more than $3 billion in back taxes are being docked from the oil giant&#39;s frozen accounts.
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MTS' cell-phone churn in Ukraine leaps into the double digits.
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Moscow is demanding $160 million in back taxes fines and interest from the nation&#39;s No. 2 cellular company. The claim against OAO Vimpelcom is fueling fears that the Kremlin attack on oil giant OAO Yukos could
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Kuwait's Mobile Telecommunications Co (MTC) announced record net profits of 305.3 million dinars (1.056 billion dollars) in 2006, a 67.9 percent year-on-year rise.
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Nearly $10 billion was wiped off Russian stocks Thursday, the Moscow Times reported. The huge fall was caused by investors&#39; fears that a surprise $158 million tax claim against Russia&#39;s No.