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. Last Updated: 07/27/2016

Moscow Court Supports Coca-Cola in Tax Case

The Moscow arbitration court on Tuesday largely supported an appeal by Coca-Cola Refreshments Moscow against the Central Moscow State Tax Inspectorate, by declaring as invalid a decision to charge the beverage retailer with paying less than its due taxes, Interfax reported.

Coca-Cola was vindicated in virtually all categories with the exception of packaging and advertising, the news agency said.

At Coca-Cola’s request the judge held a closed hearing.

In March the company received a statement based on the results of a 1998-99 tax inspection that stipulated that an "incorrect amount" was outstanding and due to be paid, Interfax reported Coca-Cola’s Moscow office as saying.

The company then submitted additional documents that led to the inspectorate reducing its calculation of the amount due.

In July, after the tax inspectorate "released a final decision" under which the factory was required to pay a sum that Coca-Cola did not reveal, the enterprise resolved to take their case to court.

Coca-Cola Refreshments Moscow is one of 11 Coca-Cola factories in Russia. Coca-Cola has invested more than $500 million in the nation.