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Court Upholds Tax Claim against Gazprom OAO’s Gazprom Export-PRIME

Tuesday, 10 Sep 2013 08:36am EDT 

PRIME reported that the Moscow Commercial Court has rejected a suit filed by Gazprom Export, a subsidiary of Gazprom OAO, for illegal tax claims amounting to RUB 4.1 billion ($123 million), RAPSI reports from court. The court has thus upheld a decision by the Interdistrict Inspectorate of the Federal Tax Service to impose on the company tax sanctions for the underpayment of RUB 560.1 million ($16 million) in corporate taxes during the period from 2008 to 2009. The company's claim for the abolition of penalties for the value of approximately RUB 771 million ($23 million) has been rejected too. Moreover, the court has upheld the act of the tax inspection relative to tax arrears for the value of RUB 2.8 billion ($84 million). According to Gazprom Export, tax authority and experts violated the Tax Code. They particularly applied to the wrong market aligning market prices. 

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