OREANDA-NEWS. On 27 February 2008 Rostelecom, Russia’s national LD operator, announced that Interregional Tax Inspectorate #7 of the Federal Tax Service in charge of large taxpayers on the basis of the results of a field tax audit conducted to review the company’s 2004-2006 books issued a decision against the company. The audit was performed from September to December 2007.

On February 8, 2008 Rostelecom was served Decision #2 from the tax inspectorate on the assessment of tax liabilities, according to which the amount of tax claims sought from the company for 2004-2006 totaled Rub 1,812 mln, with Rub 1,412 mln falling to taxes and Rub 400 mln to fines and penalties.

Rostelecom objects to the findings made by Tax Inspectorate #7 and will file a lawsuit and probably a motion in line with administrative procedures.