Summary
BELEAGUERED BP's Russian operation had its first good news for months today after an arbitration court in Moscow upheld a lower court's ruling to refund [pounds]190 million in overpaid taxes.
TNK-BP paid the money as value added tax in 2006 and was legally permitted a refund because of its status as an exporter, exempt from the 18% VAT level.See the full content of this document
Extract
Bp Wins Its Tax Fight in Russia ; Oil
The victory comes as the c...
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