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.…
Alpharma Inc. disclosed in its latest quarterly report on Form 10-Q filed with the Securities and Exchange Commission that on Aug. 25, 2008, the Joint Chambers of the Sao Paulo State Taxpayers Council rendered its non-appealable decision canceling the largest…
AMR Corp. is contesting the allegations and the preliminary findings of the Brazilian competition authorities’ investigations.
On Jan. 23, 2007, the Brazilian competition authorities, as part of an ongoing investigation, conducted an unannounced search of the Company’s cargo facilities in…
The Mosaic Company, in its Form 10-Q dated Oct. 9, 2008, says it will defend the Court of Appeals’ August 2007 ruling in the Company’s favor in the merger litigation concerning its 19.9 percent owned subsidiary, Fosfertil S.A., and the…
The appeal filed by Harris Stratex Networks, Inc. on the decision to enforce performance of an alleged agreement between the former Stratex Networks, Inc. entity and a supplier remains pending in Brazil.
Harris Stratex Networks, Inc. was formerly known as Stratex…
Diageo plc reported that it is defending against an action filed on Oct. 8, 2004, in the U.S. District Court for the Eastern District of New York by the Republic of Colombia and a number of its local government entities…
The ruling by the Superior Court of New Jersey, Chancery Division, Passaic County in the lawsuit filed by Toys R Us Inc. against Amazon.com and its affiliated companies continues to be on appeal.
On May 21, 2004, the Company filed a…
VeriFone Holdings, Inc.’s management expects to receive the decision of the administrative body with regards to the Brazilian state value added tax (VAT) audit sometime in 2008.
One of the Company’s Brazilian subsidiaries has been notified of a tax assessment regarding…
VeriFone Holdings, Inc.’s appeal over the tax assessment issued by the Federal Revenue Department in the City of Itajai remains pending with the Brazilian Taxpayers Council.
Two of the Company’s Brazilian subsidiaries that were acquired as a part of the Lipman…
VeriFone Holdings, Inc. expects to receive sometime in 2008, the decision of the Taxpayers Council on the Company’s appeal from the tax assessment issued by the Federal Revenue Department in the City of Vitoria.
Two of the Company’s Brazilian subsidiaries that…