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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters StreetEvents

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MMX Mineracao e Metalicos SA Announces Deficiency Notice from Federal Revenue Service of Brazil

Tuesday, 8 Jan 2013 07:11am EST 

MMX Mineracao e Metalicos SA announced that it received deficiency notices from the Federal Revenue Service of Brazil (RFB) regarding the Juridical Income Tax and the Net Income Social Contribution, allegedly due in the fiscal year 2007 at the total value of BRL 3,758 million. The Company and its independent judicial advisers consider the assessments unfounded and argue that at the end of the process they will be rejected. The Company will file challenges to the notices of deficiency and will use all legal means available to defend their rights. 

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-0.04 -2.76%
1 Aug 2014