Whirlpool Corporation is currently involved in lawsuits in Brazil concerning tax credits on the purchase of raw materials used in production (IPI tax credit).
The Brazilian Constitution provides a general basis for recognizing IPI tax credit. Certain raw materials that are…
Whirlpool Corporation disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that certain Whirlpool affiliates and executives located in Brazil are facing formal administrative investigation into alleged violations of Brazilian antitrust law.
In…
Whirlpool Corporation disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that its appeal of the Brazilian lower court’s ruling over a BRL283 million (US$144 million, based on recent exchange rates) collection…
Whirlpool Corporation is still involved in lawsuits in Brazil concerning tax credits on the purchase of raw materials used in production (IPI tax credit).
The Brazilian Constitution provides a general basis for recognizing IPI tax credit. Certain raw materials that are…
Whirlpool Corporation’s appeal of the Brazilian lower court’s ruling on a BRL283 million (US$121 million, based on recent exchange rates) collection in favor of a financial institution is pending.
In 1989, a Brazilian affiliate (now a subsidiary) brought an action against…
Whirlpool Corporation intends to cooperate with the U.S. Department of Justice’s investigations on the global compressor industry.
On Feb. 17, 2009, the Company received a grand jury subpoena from the DOJ requesting documents relating to an antitrust investigation of the global…