Supreme Arbitration Court’s ruling in Polymetal case hits Russian mining companies

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Supreme Arbitration Court’s ruling in Polymetal case hits Russian mining companies

Joe Dalton
July 18 2012
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Polymetal, a Russian gold and silver producer, lost a transfer pricing dispute at the Supreme Arbitration Court last week, and the company says the ruling could affect the tax efficiency of hedging instruments related to sales of physical commodities.

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