Putin's Finnish friend owes millions in taxes
by FINROSFORUM
Businesses established by the Russian-Finnish oil tycoon Gennady Timchenko owe the Finnish state more than EUR 14 million in unpaid VAT and surtaxes, Helsingin Sanomat reports. The Finnish-registered oil trading company IPP owes EUR 2.2 million in taxes, while the holding company Merropoint owes another EUR 12.1 million. The unpaid VAT relates to deals by Mr Timchenko's Finnish business flight carrier Airfix Aviation.
http://www.hs.fi/english/print/1135252081597