Roshen sees 150 mln rbl dividend charge by Russia unjust

KIEV, Jun 14 (PRIME) -- Ukrainian confectionery Roshen sees a decision by the Russian Federal Customs Service to charge a 150 million ruble tax on the dividends the company’s unit in Lipetsk paid to the Ukrainian shareholders unjust, Roshen said in a statement on Wednesday.

The decision violates the agreement on double taxation avoidance signed between Russia and Ukraine, Roshen said.

A company official said, “These claims are an attempt to charge additional taxes on corporation Roshen, which were duly paid to the budget of Ukraine. The corporation will use all available legal means to protect its interests and the right to prevent unjust double taxation of the income of the company by the Federal Customs Service of the Russian Federation, hurting the Ukrainian budget.”

Roshen belonging to Ukrainian President Pyotr Poroshenko was earlier said to cease operations in Russia from April and to lay off all staff of about 700 people until December.

(56.9096 rubles – U.S. $1)

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