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To: Lukasz
Russian tax authorities have demanded that Yukos pay $27.4 billion for what they claim were back taxes. Prior to his arrest in October 2003, Khodorkovskii was Russia's richest man, with a fortune estimated at $15 billion.

He must be in the 182% tax bracket.

3 posted on 05/17/2005 9:54:35 AM PDT by aynrandfreak (When can we stop pretending that the Left doesn't by and large hate America?)
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To: aynrandfreak
Those oligarchs aren’t innocent for sure but these tax accusations are doubtful.

Yukos, just like other oil companies, used legal tax mechanism to reduce the taxes. Out of 24 per cent of the binding income tax, Yukos paid around 12-15 per cent. It should be added that e.g. Sibneft concern (Controlled by Kremlin’s loyal businessman Roman Abramovich) pays around 5 per cent of the income tax, and the aluminum concern RusAl around 3 per cent (out of 24). Both companies are loyal to the Kremlin; the Tax Office and the prosecution authorities have not applied any sanctions against them.

Source: Center for Eastern Studies, Warsaw, Poland
Putin after re-election
7 posted on 05/17/2005 9:58:05 AM PDT by Lukasz
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To: aynrandfreak

That's on the company not on his personal value. And it's over a 13 year period.


17 posted on 05/18/2005 10:33:06 AM PDT by jb6 (Truth == Christ)
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