Arab Today, arab today argentina adds ge ambev subsidiary to tax fraud probe
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Argentina adds GE, Ambev subsidiary to tax fraud probe

Arab Today, arab today

Arab Today, arab today Argentina adds GE, Ambev subsidiary to tax fraud probe

Argentine Ministries Cabinet
Buenos Aires - AFP

Argentina on Wednesday broadened a tax fraud probe against Procter & Gamble to include US multinational General Electric and Brazil's Ambev brewers.
"The complaints in process are against P&G, GE and (Ambev unit) Malteria Pampa, among other" companies, presidential chief of staff Jorge Capitanich said at a congressional committee meeting.
The government accuses the companies of overvaluing imports as a way to reduce the amount of taxes they pay in local currency.
On Monday, P&G denied Argentina's allegations, and says it pays all of its taxes.
"P&G pays all the taxes we owe in every country and jurisdiction, worldwide," the company said.
"P&G takes very seriously our responsibility to abide by the laws of every country we operate in, and to contribute to the countries and communities in which we live and work."
Officials in Buenos Aires announced Sunday they had stripped the business registration of the US multinational.
The company will be able to resume operations in Argentina once it has paid its tax bill and fines, officials said.
Capitanich also said Argentina has an agreement with Switzerland on tax information. "There are 4,000 accounts (held by Argentina individuals and businesses) of which only 123 have been declared," he said.
The government is working on legislation to rein in tax evasion and alleged large-scale corporate currency maneuvers.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today argentina adds ge ambev subsidiary to tax fraud probe Arab Today, arab today argentina adds ge ambev subsidiary to tax fraud probe

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today argentina adds ge ambev subsidiary to tax fraud probe Arab Today, arab today argentina adds ge ambev subsidiary to tax fraud probe

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday