Court hits Yukos with $1.34B fine
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MOSCOW -- The Moscow Arbitration Court ruled yesterday embattled oil giant Yukos must pay $1.34 billion US in fines and penalties as part of a $4.
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The battered Russian oil giant Yukos said a Moscow court had frozen its 34.5 percent stake in rival Sibneft, halting a reversal of their merger that would provide cash for Yukos to settle massive tax bills.
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A Russian court on Tuesday was to consider the beleaguered Yukos oil company&#39;s appeal to suspend government efforts to collect $3.4 billion in back taxes - a massive bill that has put Russia&#39;s largest oil producer on the verge of ruin.
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The firm which controls embattled Russian oil giant Yukos says it will sue the government for $28.3bn.
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A Russian court on Tuesday was to consider the beleaguered Yukos oil company's appeal to suspend government efforts to collect &#36;3.4 billion in back taxes &#151; a massive bill that has put Russia's largest oil producer on the verge of ruin.
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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 said Wednesday that the Russian tax authorities had sent a bill for back taxes and penalties totaling nearly $1 billion to its largest subsidiary, Yuganskneftegas.
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Russia&#39;s Tax Ministry says the country&#39;s giant oil firm Yukos owes more than $4 billion dollars in back taxes for the year 2001.
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MOSCOW  - The Moscow Arbitration Court ruled Monday that the embattled oil giant Yukos must pay some &#36;1.4 billion US in fines and penalties as part of a &#36;4.1 billion back-tax claim for 2001, the Interfax news agency reported.
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Russian oil giant Yukos has reportedly lost a court case against the sale of its main production unit.
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A Moscow court ordered oil giant Yukos to pay some $1.4 billion in fines and penalties as part of a $4.1 billion back-tax claim for 2001.
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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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Yukos has paid three-quarters of its total tax debt of $3.4bn (Â£1.91bn; 99bn roubles) for 2000, the Interfax news agency has reported.
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In today&#39;s fines, Merrill Lynch &amp; Co. was hit with the second largest, at US$1.6 million, followed by American Express Financial Advisors, at $700,000.
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The protracted legal battle over Russian oil giant Yukos appeared to enter its final phase Friday when the government set a date to auction off a majority stake in the company's richest energy fields and demanded another $6 billion in back taxes from a business already facing a crippling $14 billion bill for outstanding taxes and fines.
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Russia's Yukos oil company has paid &#36;2.2 billion of its &#36;3.4 billion tax bill for 2000, Yukos' top finance official said Friday, as he renewed warnings that the embattled company was close to bankruptcy.
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Russian energy ministry says sale of assets most likely outcome from oil company&#39;s $7B tax dispute. MOSCOW  - The sale of Yukos assets will be the &quot;most natural&quot; outcome of the $7 billion tax dispute