Russia’s VimpelCom said it received a preliminary notice of back-...
Russia’s VimpelCom said it received a preliminary notice of back-tax claim of $20.9 million for 2002. Tax authorities claim the company owes an additional $14.7 million in tax, plus $6.2 million in fines for that year. Earlier this month,…
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Russia’s Federal Tax Service also handed the country’s 2nd largest mobile operator a tax claim for 2001, for a total of $157 million. VimpelCom said it was reviewing the preliminary conclusions in the claim for 2002 and considering whether to object to some or all of its provisions. The company also said it was “in constructive discussions” with the tax authorities regarding the preliminary conclusions of the 2001 tax review, the final decision on which hadn’t been received. It said it hadn’t been notified that a review of its 2003 tax filing had begun, but said it expected such a review to be initiated “at some point in the future.” It said it couldn’t predict the amounts that may be claimed as a result of that review.