Yukos echo in Russian telco&#39;s tax bill
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ALARM has spread through the Russian investment community as authorities slapped a tax bill of almost $US160 million ($210 million) on the number two mobile operator, in what is widely seen as a government-linked campaign against the firm.
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Russia&#39;s Tax Ministry has raised its back-tax claims against oil major YUKOS by a fifth for the 2001 financial year to 119.9 billion roubles ($4.
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The main subsidiary for embattled Russian oil giant Yukos has been hit with a new $1.2 billion tax bill for 2003, a news agency reported Tuesday.
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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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Russian tax officials are reportedly asking for tax arrears of  $87.5m from oil firm TNK-BP, which is half-owned by UK oil giant BP.
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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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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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Yukos is in the process of selling a 56-percent stake in a Siberian natural gas company to the Anglo-Russian joint venture TNK-BP in a bid to pay off its crushing tax bill, Western oil sources and media reports revealed.
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Jailed Russian oil magnate Mikhail Khodorovsky says he expects he will lose control of the giant oil firm Yukos because of the company&#39;s current tax bill totaling more than $7 billion.
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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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Alarm spread through the investment community in Russia as authorities slapped a back tax bill of almost 160 million dollars (121 million euros) on the number two mobile phone operator Vimpelcom, in what is widely seen as a government-linked campaign against the firm.
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President Vladimir Putin gave his blessing on Friday for state energy firms to bid for oil major YUKOS&#39; assets if bailiffs put them up for sale to recover a huge back-tax bill.
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Russian oil giant Yukos is to ask a Moscow court for more time to pay its tax bill.
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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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Russian officials demanded up to $10 billion in additional taxes from Yukos and its soon-to-be-sold main unit on Monday, pushing the debts of Russia&#39;s embattled No.
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Russia's second largest mobile phone operator, VimpelCom, has been hit with a &#36;157 million back tax claim for 2001 in what market watchers are calling the new battle between a Russian tycoon and the state.
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MOSCOW Yukos, Russia&#39;s largest oil producer, has said that the tax authorities have sent a bill for 2002 back taxes and penalties totaling nearly $1 billion to its largest unit, Yuganskneftegaz.