Source Pravda.Ru

Court rejects Yukos appeal, company to pay 99 billion rubles

The Arbitration Court rejected Yukos' appeal of a court order from June 29 and refused to halt the execution of the decision that the company should pay 99.3 billion rubles in back taxes and fines for 2000.

Speaking today at the court, Yukos representatives said that there was a possibility Yukos would sell property. In their opinion, even if the court ruled in their favor on September 6, when an appeal to halt the collection of back taxes will be heard, it would still be to late to reverse the court's decision.

According to lawyers, possible purchasers of Yukos' property, according to Russia law, would be diligent buyers and such sales cannot "win back" money.

Representatives of the Ministry of Taxes and Dues stated that there were no circumstances that would prevent the execution of the court's decision.

Comments
Brigitte Bardot accuses Hollywood actresses of hypocrisy
Brigitte Bardot accuses Hollywood actresses of hypocrisy
UN General Assembly calls Russia ‘occupant power’
Putin unable to win India over as Russia's staunch ally to counter USA's dominance
Can Russia perform under Soviet flag during 2018 Winter Olympics?
Can Russia perform under Soviet flag during 2018 Winter Olympics?
Our social and economic system under the microscope
An attempt at colored revolution in Iran?
An attempt at colored revolution in Iran?
An attempt at colored revolution in Iran?
USA to crush Russia's space industry in 2019
Interview with Andre Vltchek for Farhikhtegan newspaper in Iran
USA and Israel conclude secret agreement against Iran
Interview with Andre Vltchek for Farhikhtegan newspaper in Iran
USA and Israel conclude secret agreement against Iran
USA and Israel conclude secret agreement against Iran
USA and Israel conclude secret agreement against Iran
USA and Israel conclude secret agreement against Iran
Most important achievement of 2017: Big war with NATO canceled
Most important achievement of 2017: Big war with NATO canceled
Cruel experiment to force living dog breathe underwater shocks Russian bloggers. Video