TNK-BP Gets GBP215 Mln Russian Tax Rebate

TNK-BP Gets GBP215 Mln Russian Tax Rebate
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Πεμ, 8 Μαΐου 2008 - 02:47
BP PLC's (BP) Russian joint venture TNK-BP (TNBP.RS) has won a tax rebate of 9.7 billion roubles (GBP215 million) after overpaying value added tax two years ago, The Times of London reports Thursday.
BP PLC's (BP) Russian joint venture TNK-BP (TNBP.RS) has won a tax rebate of 9.7 billion roubles (GBP215 million) after overpaying value added tax two years ago, The Times of London reports Thursday.

A Moscow arbitration court ruled the company paid VAT of 18% on its export operations, which should have been exempt, the paper says.

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