Russia slaps Yukos with fresh, potentially fatal, tax claims
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MOSCOW : Russian authorities hit the bruised Yukos oil giant with a battery of fresh tax claims which could see the firm&#39;s total debt soar to an astronomical 17 billion dollars.
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Russian tax authorities have slapped oil giant Yukos and its main production unit with two new tax claims, raising the company&#39;s total bill to more than $17.
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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 Federal Tax Service slapped Yukos with a $4.1 billion back-tax bill for 2001 on Friday, $700 million more than its original claim, which was announced July 1. The amended bill, the
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MOSCOW  - A Russian court was to consider the beleaguered Yukos oil company's appeal on Tuesday to suspend government efforts to collect &#36;3.4 billion US (&#36;4.5 billion Cdn) in back taxes -a massive bill that has put Russia's largest oil producer on the verge of ruin.
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MOSCOW: Russiaâs tax ministry said on Friday that it had raised its back tax claims against oil major Yukos by a fifth for â01, to 119.
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Despite reports that the beleaguered oil giant Yukos could receive yet another back tax bill in addition to the &#36;7.5 billion in claims it already faces, the company's stock rallied slightly Thursday on a new statement by President Vladimir Putin that he is not seeking the company's bankruptcy.
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By Andrew Osborn in Moscow and Katherine Griffiths in New York. Yukos emitted what appeared to be its final death rattle yesterday, filing for Chapter 11 bankruptcy in the United States just four days before
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Russia's Yukos has paid $2.2 billion of its $3.4 billion tax bill for 2000, a top Yukos official said today, as he renewed warnings about the company's possible bankruptcy.
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MOSCOW: Tax authorities in Russia have handed Yukos, Russia&#39;s largest oil producer, a $4.2-billion tax bill for 2001, higher than the $3.
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Shares in Russian oil giant Yukos have fallen by 17.5% after the government hit the company with a fresh back-tax bill of $10bn (Â£5.
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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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Russia's Yukos does not begin the week teetering on the edge of ruin where it has been for months now. The oil giant is flat on its back, gasping for its last breaths of air.
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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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The Russian government has issued a new threat to strip Yukos oil of its production licenses, the Moscow Times reported Monday. Natural Resources Minister Yury Trutnev said
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The Tax Ministry raised its tax bill for 2001 against the floundering Yukos oil giant by some &#36;700 million, bringing total back tax claims against Russia's biggest oil producer to &#36;7.4 billion, the company said Friday.
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The Russian Justice Ministry says it plans to sell some of the assets of the giant Yukos oil company to cover its outstanding tax bill.