Report: Yukos Is Hit With New Tax Claims
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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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MOSCOW Vimpel-Communications, the second-largest Russian mobile phone company, after Mobile TeleSystems, has been hit with a surprise claim for $157.8 million in back taxes, prompting fears of another Yukos-style tax investigation.
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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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YUKOS has reported a net loss of US$2.65 billion (£1.45bn) for the first half of 2004, a period of record oil prices, prompting speculation that the Russian oil firm is on the verge of declaring bankruptcy.
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Russia's Yukos oil company has paid &#36;2.2 billion of its &#36;3.4 billion tax bill for 2000, Yukos' top finance official said Friday, as he renewed warnings that the embattled company was close to bankruptcy.
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Reports of a new tax claim dealt a blow to Yukos on Monday, as the embattled oil major announced it would cut this year&#39;s oil output forecast and defer certain tax payments because of a lack of cash.
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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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The main shareholder of Russia&#39;s giant oil firm Yukos is reported to have filed suit for compensation from the upcoming forced sale of the company&#39;s top production unit.
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Moscow. (Interfax) - Yukos&#39;s key production unit Yuganskneftegaz for now will not be able to fulfill the Natural Resources Ministry&#39;s claim and repay its debt on the mineral resources extraction tax, Yukos CEO Steven Michael Theede told Interfax.
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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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Russian energy ministry says sale of assets most likely outcome from oil company&#39;s $7B tax dispute. MOSCOW  - The sale of Yukos assets will be the &quot;most natural&quot; outcome of the $7 billion tax dispute
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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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The Russian Tax Ministry has sent Yukos a new $6.7 billion for 2002, while the oil giant&#39;s biggest subsidiary -- Yuganskneftegaz -- has been hit with new claims amounting to more than $3 billion for 2001 and 2002.
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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 has slapped Yukos with a collection order on part of a back tax claim, raising the total due to $6.1 billion, the embattled company said Tuesday.
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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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Shares in the beleaguered Russian oil company Yukos fell Monday following a report that tax officials are preparing a separate &#36;3 billion tax claim against its main subsidiary.