Krasnodar, 20th March 2007 – Southern Telecommunications Company (“UTK”) [(RTS: KUBN, KUBNP; ?ICEX: UTEL, UTELP; ADR OTC: STJSY, KUE FRA)],the principal telecommunications provider for Russia’s Southern Federal District, reports that the hearing of the case regarding the claim of "UTK" PJSC contesting the decision of tax bodies has been temporary suspended.
On the 5th of March 2007 the Moscow Arbitration court held a stated hearing of the case related to UTK’s claim contesting the Decision of Russia’s Inter-regional Tax Inspectorate ? 7 of 26th December 2005 regarding a back-tax claim issued by it to "Southern Telecommunications Company" PJSC.
As aresult, the Moscow Arbitration Court postponed the hearing of the case till the Court decisions on two similar cases came into force, as those decisions were of a prejudicial character for the case. Besides, the Moscow Arbitration Court wanted the judicial practice regarding such cases to be uniform.
| 
.jpg){kind=small}
