McDowell County collects taxes from Russian company
WELCH, W.Va. – McDowell County Sheriff Martin West says a Russian coal company has agreed to pay $800,000 in back taxes to the county.
West says Mechel Bluestone Coal Corp. submitted a payment in that sum as a result of a lawsuit his office filed against the company. It owes more than $1 million.
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.