Moscow-Uralkali reports that the Arbitration Court of Appeals has overruled a decision and claim of the Interdistrict Inspectorate No. 3 of the Federal Tax Service for Major Taxpayers that Uralkali would pay a mineral extraction tax of 604 million rubles for 2005-2006, including charges and penalties. In August 2009, Uralkali received a field tax audit report for 2005-2006 that specified that in October 2006 the company should have been charged mineral extraction tax of 604 million rubles on the reserves lost because of the Mine 1 accident. In October 2009, the Interdistrict Inspectorate proposed that Uralkali pay back taxes for 2005-2006, including 604 million rubles in mineral extraction tax, for October 2006, as well as charges and penalties. Uralkali received the tax claim for this amount in January 2010. The company then appealed to the courts against the decision and claim of the tax authority.
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