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Moscow Court Upholds Additional Tax Bill For Yukos


Yukos's Moscow headquarters (file photo) (epa) November 28, 2006 -- Moscow's Arbitration Court has upheld the Russian tax authorities' claim for an additional $640 million in back taxes from Yukos.


The decision was handed down on November 27.


That brings the total tax bill owed by the bankrupt oil company to more than $20 billion.


The former chairman of Yukos, Mikhail Khodorkovsky, is serving an eight-year term in a Siberian prison camp after being convicted of fraud and other crimes in a trial widely viewed as politically motivated.


(AFP)

Democracy In Russia

Democracy In Russia

Demonstrators in Moscow carry a coffin with a television in it to protest government control over broadcasting (TASS file photo)

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