ST. PETERSBURG, December 7 (RIA Novosti-Northwest, Olga Vtorova) - The Arbitration Court of the Northwestern Federal District ruled that most of the tax claims against Ford Motor Company's St. Petersburg plant were unjustified, the company said Wednesday.
Ford's PR manager Yekaterina Kulinenko said the court had upheld the rulings of the St. Petersburg Arbitration Court, rejected certain tax claims and ordered a retrial on several disputed claims.
Tax authorities brought claims worth some 300 million rubles ($10.4 million) against Ford Motor Company in August 2004 after an audit.
The Ford plant in St. Petersburg, which opened in 2002, is the only European-based affiliate of the company that produces all four types of car bodies - sedans, five-door hatchbacks, station wagons and coupes.
Ford's net profits from the Russian plant aggregated some 700 million rubles ($24.2 million) in 2004.
