Yukos gets one more back taxes charge
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The Russian Tax Ministry said Friday that oil giant Yukos owes another 119.887 billion rubles (some 4.1 billion US dollars) in back taxes for the year 2001.
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Russian oil company YUKOS said on Monday it would be able to cover only half of its $3.4 billion back tax bill by its deadline at the end of August but it would continue making payments in September.
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Russia's justice ministry said that Yukos had paid three-quarters 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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Russian oil giant Yukos says it is about to miss a deadline on a back tax payment of more than $6bn due from 2002.
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Shares in Russia&#39;s No. 1 oil producer, Yukos, plummeted Tuesday on news that tax authorities had served the company with fresh back tax bills for nearly $10 billion US, bringing the company&#39;s total tax debt to some $17.
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MOSCOW : Russia&#39;s justice ministry announced plans to sell a part of the Yukos oil giant to cover the company&#39;s outstanding back taxes, officials said.
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More than 75 per cent of the beleaguered Yukos oil companyâs 2000 tax debt has been recovered from the company, a Russian Justice Ministry official was quoted as saying today.
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LONDON, November 1  - The Russian oil giant, Yukos Oil (YUSA.FSE), has been asked for additional back-tax payments of more than $10 billion, increasing the company&#39;s total tax liabilities to above $17.
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The protracted legal battle over Russian oil giant Yukos appeared to enter its final phase yesterday 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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The key production unit of beleaguered Russian oil giant Yukos was handed a back taxes bill for nearly $1 billion, the Interfax news agency reported Wednesday, apparently increasing the likelihood that the unit would be sold at auction.
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Russian oil and gas company Yukos has suffered another setback in its battle to avoid paying billions of dollars in back taxes and avoid bankruptcy.
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The Kremlin is hitting the Yukos Oil Corp. with huge new tax claims that will total $17 billion, the Moscow Times reported late Monday.
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Yukos suffered a double blow Tuesday when the Moscow Arbitration Court rejected attempts by the oil major to cover part of a $3.4 billion bill in back taxes and postpone collection of the claim.
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MOSCOW  - Embattled Russian oil giant OAO Yukos has paid just under a quarter of its total &#36;18.4 billion US back tax bill for the 2000-2002 period, company managers said Tuesday.
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Mobile operator Vimpelcom is the latest Russian firm to be hit with a heavy bill for back taxes.
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The main subsidiary of embattled Russian oil giant Yukos has been hit with a new &#36;1.2 billion tax bill for 2003, a Russian news agency reported Tuesday.
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Russia pressed ahead on Friday with the last step in the destruction of oil major YUKOS, saying it will auction its main Siberian unit on Dec. 19 for $8.65 billion and hit it with a new tax claim.