Monday, April 28, 2008
TNK-BP hit by $US255.6 MLN tax bill
April 23, 2008 - Russia Today - Russo-British oil giant TNK-BP has been charged with back-tax claims for $US 255.6 million for the years 2004-2005. The claims involve several TNK-BP subsidiaries and a number of different taxes, according to Interfax news agency. This not the first time TNK-BP has faced back tax claims. In 2005 the company was charged with $US 1.8 billion for the period of 2002-2003. The company has since paid the debt in full. TNK-BP's press service told Russia Today that the claim, which is spread over about 20 subsidiaries, is a standard procedure and represents a non-critical amount for the company.