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Court requests documents from parties in dispute between IKEA and tax service

16:05 20/12/2011

MOSCOW, December 20 - RAPSI, Dmitry Shchitov. A commercial court postponed until February 2 the hearing of a lawsuit filed by IKEA MOS, which manages the Mega stores in Russia, to invalidate Federal Tax Service claims worth $15.6 million, the Russian Legal Information Agency (RAPSI/rapsinews.com) reported from the courtroom.

IKEA is the world's largest retail network of shops selling furniture and household items. It operates 11 IKEA shops and 13 Mega trade centers in Russia. The first IKEA store opened in Russia in 2000. The projected investments to commission Mega trade and entertainment complexes amount to an average of $120-300 million.

The hearing was postponed due to the necessity to grant the parties additional documents.

It was earlier reported that the tax claims that IKEA is disputing total about $15.6 million.

IKEA has objected to the tax service's inclusion of activities to complete the trade centers in the company's non-operational income.

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Court requests documents from parties in dispute between IKEA and tax service

16:05 20/12/2011 A commercial court postponed until February 2 the hearing of a lawsuit filed by IKEA MOS, which manages the Mega stores in Russia, to invalidate Federal Tax Service claims worth $15.6 million.
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