Business Services Industry
RUSSIA: GAZPROM BEATS TAX MAN IN COURT.
IPR Strategic Business Information Database, November, 2002
Gazprom scored a precedent-setting victory over the Moscow Tax Inspectorate on 28 October, fending off charges that it evaded $940 million in taxes on natural-gas exports, "Kommersant" reported on 29 October. Tax Inspectorate No. 40 had charged the gas monopolist with classifying natural gas as lean (dry) gas for export purposes in 1999-2001.
While lean gas -- produced from condensed gas and casing-head gas -- is identical to natural gas for commercial purposes, Russian law exempted it at the time from the 30 percent export excise levied on natural gas. Gazprom claimed significant lean-gas exports in 1999-2001, tidily reducing its tax burden. The Tax Inspectorate, noting that both lean and natural gas mingled in the pipeline, calculated Gazprom's taxes according...
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