Lanit Hit With Tax Bill

By The Moscow Times

April 15, 2012

The Moscow arbitration court is scheduled Monday to hear a claim filed by Lanit against the Federal Tax Service Interregional Inspectorate No. 7, according to court documents, Vedomosti reported.

The IT company is disputing a decision made by the tax authority after a field audit of the company for 2007-08.

The tax service claims Lanit created a scheme to evade VAT payments, resulting in a budget loss of about 1.99 billion rubles ($67.5 million). Total claims, including penalties and interest, came to 2.89 billion rubles. Tax officers made similar claims in 2005-06, but the courts sided with the company, which declared turnover in 2011 of 58.7 billion rubles.

(MT)

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