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  Saturday, June 6, 2020
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Yukos has no money to repay its tax debts to the federal budget
According to the finance ministry's data, Yukos has no money to repay its tax debts to the federal budget. Tatyana Yegorova, deputy director of the finance ministry's budget policy department, made a statement to this effect at a session of the State Duma's budget subcommittee Tuesday. "Yukos does not seem to have any money now, and I do not know the reasons for this," she said. At the same time, Yegorova pointed out that the company "has great problems" with the repayment of its tax debts to the state treasury. At present, tax agencies are trying to collect the oil company's tax debts for 2001 amounting to 120 billion roubles (29 roubles are roughly equivalent to one US dollar). Last Friday, Bruce Misamore, Yukos' financial director, declared that the company would be able to meet all its tax payment obligations. In his words, the company is sure that it did what was right as regards tax payments acting within the laws of those years.
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