The Oil Company Yukos was redacted from the registry of legal persons. The website Prigovor.ru reminds its readers of what happened on November 22, 2005, and 2007.
On this day, on November 22, 2005, the Federal Arbitration Court of the Moscow region confirmed the legality of the decision on additional tax assessment of the Oil Company Yukos to the tune of 115.4 billion rubles for the year 2001.
The Intraregional Inspection No1 of the Federal Tax Service (FNS) on biggest taxpayers as early as September 2, 2004, took the decision on the additional tax reassessment with regard to Yukos to the tune of 119.9 billion rubles for 2001. On September 6, the demands were laid to Yukos about writing off from its accounts by uncontested procedure about 79.4 billion rubles as the sum of the main tax arrears and fines. The sum of the penalties – 40.6 billion rubles, according to the Tax legislation, was obliged to be proved in court (the Moscow Arbitration lowered this sum to 39.113 billion rubles).
The Yukos brought complain to deem illegal the decisions and demands of taxmen. However, in October 2004, the Moscow Arbitration rejected the claim but lowered the demanded sum to 115.4 billion rubles. Later, this sum was confirmed by the appeal authority. Nevertheless, Yukos challenged the ruling of the court in cassation, but without success – the tax arrears to the amount of 115.4 billion rubles for 2001 were recognized as reasonable and lawful.
With the same inglorious results ended other efforts of the oil company to prove its “law-obedience” in other years. The acts of tax inspections, which representatives of the fiscal service operated with, turned out to be much more convincing than the gimmicks of representatives of the oil company, including efforts to disqualify the court and motions to defer to a later date.
LEGITIMATE RESULT OF TAX MACHINATIONS
However, it was clear already in November 2004 that the company was roughly landed in a “tax puddle”, created by the Yukos leadership with the purpose of personal enrichment – the whole sum of the tax claims made to the company for 2000-2002 (including executive duties and tax claims to affiliated companies) amounted to 18.4 billion U.S. dollars. Efforts through cassation to lower any sums didn’t change the whole picture of tax abuses. In addition, already at that moment, in November 2004, in the business press, they called bankruptcy "the only way out of the current situation".
“And, as a matter of fact, it happened like that – on November 22, 2007, it became known – the company Yukos, the bankruptcy administration of which was ended on November 12, 2007, was excluded from the official registry of legal persons. It was made on the basis of the court’s ruling on “liquidation of the legal person” from November 21, 2007. And it was a curious final result of the tax abuses committed by the “organized group of persons” under the direction of Khodorkovsky”, notes the website Prigovor.ru.
(See also the previous article “On this day, fugitive Nevzlin narrated about his “informal leadership”. “Indirect” henchman of Mikhail Borisovich Khodorkovsky. “A thin moral substance” and the anti-Russian lobbyism of “Menatep”. The website Prigovor.ru reminds its readers of what happened on November 21, 2003.
