Tax Ministry Increases Claim Against Yukos
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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 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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MOSCOW  - Law enforcement agents raided struggling Russian oil giant Yukos as tax authorities gave the company an impossible demand to pay up billions of dollars within hours, raising the spectre of a rapid fire sale of its main production asset.
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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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Russian authorities have assessed a new tax claim for $114 million on one of Yukos' smaller subsidiaries, the Interfax news agency reported Thursday, in the latest legal assault against the embattled Russian oil giant.
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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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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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3 September 2004 -- Russia&#39;s tax authorities have given Yukos another bill for back taxes that is higher than the oil company expected.
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MOSCOW Yukos has substantially increased the reserve estimates for its biggest subsidiary, one currently being appraised for sale by the government.
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Russian prosecutors have continued their onslaught against the country&#39;s largest oil producer, raiding the accounting division of Yukos and seizing documents.
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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 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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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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The Russian oil giant Yukos substantially increased the reserve estimates Friday for its biggest subsidiary, one currently being appraised for sale by the government.
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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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The legal battle over the future of Yukos, the troubled Russian oil giant, intensified yesterday as first Deutsche Bank filed to dismiss Yukos&#39; claim of bankruptcy protection in the US and then
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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.