An aide to Russian President Vladimir Putin revealed yesterday that the tax investigation which has left the beleaguered oil firm Yukos facing bankruptcy is “just a start” and warned that other companies suspected of tax evasion can expect similar treatment in the future.
"Everyone must learn to pay taxes,” Igor Shuvalov told an investment conference.
“Everyone who did not pay taxes must look at their credit history connected to tax payments and is likely to have to pay taxes in full," he warned.
Accused of using illegal tax optimisation schemes, Yukos has been left with a multibillion dollar tax bill and the company’s founder, Mikhail Khodorkovsky, continues to languish in jail after a year spent on fraud and tax evasion charges.
The Kremlin has repeatedly denied speculation that the investigation was motivated to quash the political ambitions of Khodorkovsky and send a powerful signal to Russia’s oligarchs, insisting instead that the affair was simply an examination of the schemes used to lessen the firm’s tax bill.
"If (the schemes) were legal, we will ask parliament to plug the holes. If they were illegal, I would recommend examining one's tax history," Shuvalov remarked.
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