Russian Auditors to Investigate Rusal Tax Breaks, Interfax Says

Russia’s Audit Chamber, which checks on state spending, will investigate United Co. Rusal tax breaks, Interfax said, citing the authority’s head, Sergei Stepashin.

Stepashin commented after Andrei Krutov, a lawmaker for Irkutsk region, said Rusal gets breaks for processing foreign alumina at Siberian smelters, the Moscow-based newswire said.

Rusal complies fully with Russian tax laws, the world’s largest aluminum producer said in an e-mailed statement. Krutov’s recent comments on Rusal are incorrect, it said.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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