Russia’s interior ministry is understood to have accused a senior oil
executive who used to work for Tyumen Oil Company (TNK), before it joint
ventured with BP to create TNK-BP in 2003, of evading close to a massive $1bn
(?506bn) in taxes.
It is unclear whether the executive now works for TNK-BP – a spokesman for
the ministry’s Economic Security Department, declined to name the company and
the executive, saying it could compromise the investigation.
TNK-BP settled a case with Russia’s tax authorities in 2006, paying 30bn
rubles (?658bn) in back taxes for 2002 and 2003, The Moscow Times
An interior ministry’s statement said investigators had earlier discovered an
energy company had evaded tax of more than 22.5bn rubles and a criminal case had
been filed against a ‘top manager of a large oil company’ on suspicion of tax
Committee expresses concern about costs to businesses and April 2018 implementation date
Drastically fewer offices for HMRC in the hope to reduce their running costs
An 80% increase in additional revenue for HMRC coincides with a crackdown on income tax avoidance
Laurence Field, the head of tax at national audit, tax and advisory firm Crowe Clark Whitehill outlines the 6 'unexpected items' regarding HMRC's Making Tax Digital plans