MOSCOW, April 5 (RIA Novosti) - Rostelecom (RTS: RTKM), Russia's largest long-distance telecom services provider, said Thursday the Moscow Arbitration Court has partially granted its claim against the federal tax authorities, which had levied a hefty back tax against the company last year.
Federal tax authorities ordered the company to pay 3.474 billion rubles ($128.5 million) in tax arrears dating back to 2003
Rostelecom said the court has reduced the tax debt to 1.27 million rubles (about $50,000), thereby granting 99.98% of its claim.
It said previously that "the company is a law-abiding taxpayer, and believes it can prove that the tax claims are unsubstantiated."
