Mobile TeleSystems (MTS), country’s largest cellular operator by subscribers, is hit by a tax claim of USD49 million (RUB1.13 billion) made by Russia’s Federal Tax Service. The claim relates to 2005-06, with MTS said to have made incorrect calculations relating to certain taxes. The RTax Service claim includes around USD6 million of fines and penalties, according to a report from Ros Business Consulting. MTS says it intends to challenge the regulator’s ruling.
Wireless Federation » MTS faces a $49 million tax claim (Russia)
MTS faces a $49 million tax claim (Russia)
- July 22nd, 2008
- 1:20 pm
