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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
1 posted on 02/07/2005 2:29:35 AM PST by Lukasz
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To: Drew68; Quinotto; DTA; Ravi; bummerdude; twinself; dakine; eddiespaghetti; PhilDragoo; 68skylark; ..
Eastern European ping list


FRmail me to be added or removed from this Eastern European ping list ping list.

2 posted on 02/07/2005 2:30:23 AM PST by Lukasz (Terra Polonia Semper Fidelis!)
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To: Lukasz

Sounds confusing.

It also sounds like if Russia keeps working at it, the tax code there might eventually become as screwed up as it is here in the U.S.

But they'll really have to want to mess it up if they expect to achieve the level of absurdity enshrined in the American tax code.


3 posted on 02/07/2005 2:55:09 AM PST by Imal (Saluting SPC Taylor Burk, a genuine hero and true American. d. 1/26/2005)
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To: Lukasz
Wanted Yukos Shareholders Meet Bush in White House .....

Ah,....U.S. gas prices to rise so as to pay for Yukos mis-adventures.

P.T. Barnum,....

"There's a America Sucker born every day!?"

.....Go U.S. 'BP' oil prices up too!

/sarcasm $$$$$$$...?

4 posted on 02/07/2005 5:06:25 AM PST by maestro
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To: Lukasz
"Brudno, Dubov and Nevzelin claim that the arrest warrants against them were politically motivated and issued at the order of the Russian president as part of a crackdown on Yukos. "

Putin has ruined the business climate of Russia for years to come.. No one can trust him as long as he is in power.
5 posted on 02/07/2005 7:05:46 AM PST by monday
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To: Lukasz; jb6; Imal; maestro; monday

So how much did these foreign citizens have to pay to meet with Bush to try and influence him? At least they did not get to sleep in the Lincoln Bedroom.


9 posted on 02/07/2005 12:36:39 PM PST by Destro (Know your enemy! Help fight Islamic terrorism by visiting johnathangaltfilms.com and jihadwatch.org)
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