• Eng

Arbitration Court Nullifies Tax Inspectorates Decision Against Uralkali

20.08.2010
The Arbitration Court of Appeal ruled that the decision and claim of the Interdistrict Inspectorate No. 3 of the Federal Tax Service for Major Taxpayers, that Uralkali would pay mineral extraction tax of 604 million rubles for 20052006 together with charges and penalties, be held null and void.

As Uralkali reported earlier, in August 2009 the company received a field tax audit report for 20052006. The report of the tax authorities specified that in October 2006 the company should have been charged mineral extraction tax of 604 million rubles on the reserves lost because of the Mine 1 accident.

In October 2009, the Interdistrict Inspectorate No. 3 of the Federal Tax Service for Major Taxpayers proposed that Uralkali pay back taxes for 20052006, including 604 million rubles in mineral extraction tax for October 2006, as well as charges and penalties. Uralkali received the tax claim for this amount in January 2010. The company then appealed to the courts against the decision and claim of the tax authority.
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