Out of this, over RON 160 million came from fuel stations.
SEATTLE (Oil Monster): Russian oil giant Lukoil has been asked to pay an additional tax of over RON 50 million against profits from the sale and exports of petroleum products in 2021. The tax notice was issued by the Romanian National Agency for Fiscal Administration (ANAF) to the local branch of Litasco, the Swiss-registered oil and petroleum trading division of the Lukoil group.
ALSO READ:
Pakistan's Largest Oil Refinery Shuts Down
China's Oil Demand Bounce May Push Producers to Reconsider Output
According to reports, Lukoil’s local petrol station network and the Petrotel refinery in Ploiesti had reported net profit of over RON 182 million in 2021. Out of this, over RON 160 million came from fuel stations. The net profits from refineries totalled around RON 22 million during the year.
The fiscal audit carried out by ANAF inspectors revealed that Litasco SA Geneva Bucharest Branch omitted the proper recording in accounting and declaration of certain operations carried out in the initial six-month period of the year.
The audit urged the company to adopt certain accounting and reporting measures, which were challenged in the court by the company. Litasco claimed that the execution of the measures by ANAF would disrupt the business model of the entire group and impact operations at the Petrotel Lukoil refinery. The court has rejected the company’s request for suspension of ANAF’s measures.
United States Crude Oil Prices | |||
---|---|---|---|
COMMODITY | PRICE | CHANGE | |
Alabama Heavy Asphaltic Sour | 52.56 | -3.38 | |
Alabama Light Sour | 58.40 | -3.75 | |
Alabama Light Sour Womack Hill Type | 55.28 | +5.30 | |
Alabama Light Sweet | 63.40 | -3.75 | |
Alabama/ Florida Panhandle | 66.92 | +3.60 |
Plastic Keychain Magnet
Keychain Magnets as gift items to promote your Scrap Metal Recycling business!. Letters and numbers can be imprinted. Available Colors: Red, Blue and Green
$2.59
Scrap Metal Test Magnet 10 lb N52 Neodymium Rare Earth
Retrieval and Metal Testing Magnet. Contains The Most Powerful Grade of Neodymium Rare Earth Magnet (N52). Case Material: Aluminum
$9.99