November 12, 2008

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

COMPANIES: Praxair Inc
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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…

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TOPICS: Chemicals/Petrochemicals/Plastics | Earnings | Legal Issues, Litigation | Loans & Financing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Europe | North America | Spain | United States