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RESO-Garantia Insurer Paid H1 Taxes of 1.2bn Rbl
RESO-Garantia Insurer paid 1.02 billion ruble in taxes for the first half-year vs. 1.626 billion ruble for the whole 2007, RBC reported with reference to the company’s CEO Sergei Sarkisov.
The profit tax accounted for 541.6 million ruble of the amount, VAT equaled 58.1 million ruble, unified social tax was 422.4 million ruble.
RESO-Garantia paid the profit tax of 948 million ruble for 2007 and 662 million ruble for 2006. The fiscal charges increase along with growth in profit, Sarkisov explained, specifying that the company paid over 1.6 billion ruble in taxes in 2007.
Set up in 1991, RESO-Garantia is a universal insurance company with the license for 104 types of insurance and re-insurance. Its principal holders are brothers Sergei and Nikolay Sarkisov (27 percent), French Axa (36.7 percent), EBRD (6.3 percent) and RESO Group President Nikolay Saveliev (2.5 percent).
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