MOSCOW, October 2 (RIA Novosti) - The Moscow Arbitration Court has ordered Russia's bankrupt Yukos Oil Company [RTS:YUKO] to pay 42 billion rubles ($1.6 billion) in tax fines for 2004, a RIA Novosti correspondent reported Monday.
The court thereby upheld a claim filed by the Federal Tax Service Interregional Inspectorate on major tax deadbeats.
The court also upheld a decision of the tax authorities to impose an additional 108 billion rubles ($4 billion) in taxes on Yukos for 2004.
Yukos, whose founder Mikhail Khodorkovsky is serving an eight-year prison term in Siberia after being convicted of fraud in May 2005, faces a total of $16.6 billion in claims from creditors, including its former core production unit, Yuganskneftegaz ($4.07 billion), now owned by Rosneft, and the Federal Tax Service.
