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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (250)	4/19/2003 10:52:52 AM
From: GraceZ	Respond to of 4912

>>>"We are always very vague about our production costs because production costs means taxes. If production costs are too low then taxes are too high," Khodorkovsky told Hart's E&P in an exclusive interview aboard his company jet bound for western Siberia. Khodorkovsky said companies work toward lowering the cost of oil output but seldom publicize any progress they may make for fear of a tax hike being imposed.<<< I wonder if the flat tax changes that at all. I did find the financial statements for Lukoil a bit on the unreadable side but not much more unreadable then ones from the US and they are claiming that they are GAAP.