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Sibneft said to have legally dodged taxes
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| BAKU -- As erstwhile merger partner OAO Yukos warns of collapsing under $7-billion (US) in back tax bills, Russia's chief auditor told oil firm OAO Sibneft that it had legally avoided nearly $500-million in tax. |
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Jul 12, 2004 12:07:09 |
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16 ( -2 -12.5% ) | | Author | The Globe and Mail |
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| Similar news: | - Sibneft Tax Avoidance Legal -Watchdog - BAKU (Reuters) - As erstwhile merger partner YUKOS warns of collapsing under $7 billion in back tax bills, Russia's chief auditor told oil firm Sibneft that it had legally avoided nearly $500 million in tax. Audit office chief Sergei Stepashin said checks
- Legal Problems, Taxes Drag Drug Makers - Large one-time charges hurt the bottom lines and lowered share prices of three major drugmakers Thursday, slashing second-quarter net income at struggling Merck & Co. and triggering losses at Eli Lilly & Co. and Schering-Plough Corp.
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