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How Russian Energy Giant LUKoil Makes Millions In Bulgaria But Pays Almost No Tax - Vimarsana News

How Russian Energy Giant LUKoil Makes Millions In Bulgaria But Pays Almost No Tax

Russia's energy giant LUKoil appears to have a thriving business in Bulgaria, generating millions of dollars in refining revenue. But the company has paid little if any tax over the years using an accounting trick. Bulgarian politicians are largely looking the other way.

Source: rferl.org