Report: Yukos Is Hit With New Tax Claims
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MOSCOW - 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.
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MOSCOW Russia&#39;s Tax Ministry raised its tax bill for 2001 against the foundering Yukos oil giant by $700 million, bringing total back-tax claims against the nation&#39;s biggest oil producer to $7.
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Tax officials slapped Yukos core production unit Yuganskneftegaz with a tax claim for $950 million Wednesday and its managers were called in for a license review, in moves that could derail an imminent valuation of the unit.
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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.
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Russia&#39;s Tax Ministry yesterday charged OAO Yuganskneftegaz, the biggest production unit of OAO Yukos Oil Co., with 27.8 billion rubles ($951 million) in unpaid taxes for 2002, a Yukos official said.
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Russian oil giant Yukos suffers another blow in its tax battle after a Moscow court rules it must pay $1.4bn (Â£778m) in fines.
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More than 75 percent of the beleaguered Yukos oil company's 2000 tax debt has been recovered from the company, a Justice Ministry official was quoted as saying Wednesday.
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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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MOSCOW  - Russia's Tax Ministry raised its tax bill for 2001 against the floundering Yukos oil giant by some &#36;700 million US, bringing total back tax claims against the nation's biggest oil producer to &#36;7.4 billion US, the company said Friday.
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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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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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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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MOSCOW Vimpel-Communications, Russia&#39;s No.2 mobile phone company behind Mobile TeleSystems, was hit Wednesday with a surprise claim of $157.8 million in back taxes, prompting fears of another Yukos-style tax investigation.
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Russia's YUKOS raised $357 million to  put toward a $3.4 billion tax claim on Tuesday by selling a  stake in a gas venture to partner TNK-BP, as analysts said the  company was technically ready for bankruptcy.
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Yukos warned yesterday it could declare bankruptcy within months following fresh tax claims that could leave Russia&#39;s biggest oil company facing an astronomical bill of $17 billion (R104 billion).
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MOSCOW  - Russia&#39;s embattled Yukos oil giant faced additional tax claims after authorities said the firm was suspected of underpaying 6.7 billion dollars for 2002, Interfax reported.
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Yukos could declare bankruptcy before the new year following fresh claims that could leave the embattled gas giant facing a tax bill for $17 billion.