Uzbek Court Rejects Tax Claim Vs Coscom Cell Operator

TASHKENT, Oct 2 (Prime-Tass) -- Uzbekistan's Tashkent Arbitration Court has rejected a US$24 million tax claim against Uzbekistan's third largest mobile operator Coscom, a spokesperson for the country's Supreme Arbitration Court told Prime-Tass Monday.

The tax authorities have one week to appeal the decision, the spokesperson added.

The claim was submitted in mid-September for violations of the tax code, including an allegation by the tax authorities that Coscom opened a foreign bank account without the permission of the country's central bank.

Coscom is 85%-controlled by US' MCT Corp., while the rest is owned by the company's management and other individuals.

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Posted to the site on 2nd October 2006