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McDowell County sheriff says Russian coal company pays $800,000 in back taxes
Reported by: Associated Press
Friday, June 13, 2014 6:01 AM EDT
McDowell County Sheriff Martin West says a Russian coal company has agreed to pay $800,000 in back taxes to the county.
West told the Bluefield Daily Telegraph the tax payment will help make up a budget shortfall for the County Commission and the county Board of Education for the fiscal year beginning July 1. Eight county employees were laid off last month as a result of the budget shortfall.
Moscow-based Mechel operates mines and power plants and produces steel.
West said a default order was entered on June 9 by a McDowell County Circuit Court judge.
Information from: Bluefield Daily Telegraph, http://www.bdtonline.com