August 25, 2009

WHIRLPOOL CORP: IPI Tax Credits Lawsuits Ongoing in Brazil

COMPANIES: Whirlpool Corp
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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…

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TOPICS: Appliances/Funiture/Home Furnishings | Earnings | Legal Issues, Litigation | Loans & Financing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Brazil | Michigan | United States