PRAXAIR INC: Spanish Probe on Unit’s Income Tax Credits Ongoing

Praxair Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that an investigation by Spanish prosecutors relating to income tax credits generated by certain of the company’s Spanish subsidiaries prior to…

PRAXAIR INC: Settles Several Federal Tax Dispute in Brazil

Praxair Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the company has decided that it was economically beneficial to settle many of its outstanding federal tax disputes.

During May 2009,…

PRAXAIR INC: Still Facing Welding Fumes Injury Lawsuits

Praxair Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that as of June 30, 2010, the company was a co-defendant with many other companies in lawsuits alleging personal injury caused…

PRAXAIR INC: Facing Anticompetitive Proceedings in Brazil

Praxair Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the company and several other Brazilian industrial gas companies are still facing a proceeding by a unit of the Brazilian…

PRAXAIR INC: Settles State Tax Disputes with Rio de Janeiro

Praxair Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that during the 2010 first quarter, the company decided that it was economically beneficial to settle several of its outstanding disputes…

PRAXAIR INC: Probe on $187M Income Tax Credits Ongoing in Spain

Praxair, Inc. is still subject to an investigation by Spanish prosecutors over income tax credits generated by certain of its Spanish subsidiaries before 2002, in which the income tax credits were reported to amount to US$187 million.

These tax positions relate…

PRAXAIR INC: 1,805 Manganese Exposure Claims Ongoing at Sept. 30

Praxair, Inc., as of Sept. 30, 2008, faced lawsuits (involving 1,805 individual claimants) alleging personal injury caused by manganese contained in welding fumes.

As of June 30, 2008, the Company was a co-defendant with many other companies in 428 lawsuits alleging…

PRAXAIR INC: Brazil Units Still Facing Social, VAT Taxes Claims

Claims brought by the Brazilian taxing authorities against several of Praxair, Inc.’s Brazilian subsidiaries relating to various social and value-added (VAT) taxes are ongoing.

The social tax cases originated from 1988 to 1999, which was a period of hyperinflation in Brazil.…

ATMI INC: Settlement Agreement Entered with Praxair Last July 11

ATMI, Inc., on July 11, 2008, entered into a global settlement agreement with Praxair, Inc. that resolved all actions between the two parties.

Under the agreement, the parties will be free to market and sell worldwide their respective mechanical, sub-atmospheric…