Russia: Baltika files lawsuit against Russian tax authority
Baltika, the Russian joint venture brewery business majority-owned by Scottish & Newcastle and Denmark's Carlsberg, filed May 30 a lawsuit against the tax authority in Moscow, The Herald posted May 31.
The Russian tax authority has demanded that Baltika pay tax arrears of around 14.2m (£9.7m), a spokesman for the company said.
The arrears date back to the fourth quarter of 2003 and the first nine months of 2004. However, a spokesman for Russia's biggest brewer disputed the tax demand as too high, commenting: "We have filed a suit and we will continue to defend our point of view in court."
Earlier this month, Baltika posted a modest gain in first-quarter net income on sales up 13.8% to around £128 million however, volume had been impacted by distribution difficulties caused by the severe winter weather.
Russia was hit by its coldest winter in a generation, with temperatures plummeting to minus 30 degrees and putting something of a freeze on beer sales. The St Petersburg-based company, which held May 30 its annual meeting, approved a 70% hike in its annual dividend payment.
E-malt.com, la fuente de información global para los profesionales de la industria cervecera y de malteado. Los boletines quincenales de E-malt.com incluyen las últimas noticias de la industria, estadísticas en gráficos y tablas, precios mundiales de cebada y malta, y otra información relevante. Haga clic aquí para obtener acceso completo a E-malt.com. Si usted es un cliente de Castle Malting, puede obtener acceso gratuito al sitio web y publicaciones de E-malt.com. Contáctenos para obtener más información en firstname.lastname@example.org.