BUENOS AIRES, Argentina (AP) — Argentine authorities have accused household products giant Procter & Gamble of tax fraud and suspended its operations in the country.
The AFIP tax agency released a statement Sunday accusing the company of fraud related to imports from Brazil that it said were billed through a Swiss subsidiary for $138 million. The agency said the alleged operations were to get currency out of the country and hide taxable income.
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Monday, November 3, 2014
Today In Capitalism II
1 comment:
You have the right to remain silent. You have the right to have an attorney present while you are commenting. If you cannot afford an attorney, you are "Shit Outta Luck" (SOL). Anything you type here can & may be used against you in a court of law or in a personal "beat-down" administered by a staff member or "associate" of this "web log."
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They better watch out. We send in the Army when some country messes with 'our' multinational corporations.
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