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.
Monday, November 3, 2014
Today In Capitalism II
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1 comment:
They better watch out. We send in the Army when some country messes with 'our' multinational corporations.
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