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Tax-News.com: Russia Told To Repay USD50bn In Yukos Tax Ruling

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Cyprus Company Formation
Dec 30, 2008
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The Permanent Court of Arbitration in The Hague has found that the Russian Federation subjected the oil company Yukos to tax reassessments with the objective of destroying the firm and expropriating its assets. It ruled that former Yukos shareholders should be paid USD50bn in compensation.

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