Latest back-tax bill raises Yukos debt to Â£9bn
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Yukos shares plunged 18% on the Russian exchange yesterday after reports that the oil firm has been hit with another back-tax bill, bringing its total debt to $17bn (Â£9.
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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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Embattled Russian oil giant OAO Yukos has paid just under a quarter of its total &#36;18.4 billion back tax bill for the 2000-2002 period, company managers said Tuesday.
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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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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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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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By putting Yugansk on the auction block the government is seeking to claw back part of a massive $27.5 billion (14.2 billion pound) back tax.
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MOSCOW Yukos, Russiaâs largest oil producer, had another bad news day Friday as its huge tax bill ballooned again. The Tax Ministry raised its claim against Yukos by $700 million for 2001, bringing the total
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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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Embattled Russian oil giant Yukos is to ask the buyer of its former production unit to pay back a $900m loan.
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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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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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The Moscow Arbitration Court ruled on Monday that the YUKOS oil company must pay RUR 39.113bn (about $1.34bn) as part of its back tax claim for 2001.
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Shares in Yukos, the Russian oil group beset by difficulties, dropped sharply yesterday after reports that the authorities had launched fresh tax claims against it, totalling up to $7 billion.
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A Russian court yesterday rejected the Yukos oil company's appeal to suspend government efforts to collect $3.4 billion in back taxes -- a massive bill that has put Russia's largest oil producer on the verge of ruin.
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Beleaguered Russian oil giant Yukos on Monday faces a court-imposed deadline to pay a multi-billion dollar tax bill. Yukos has been ordered to pay $3.
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Russian tax authorities slapped oil giant Yukos and its main production unit with two new tax claims for nearly $10 billion, raising the company&#39;s total bill to more than $17.