The Supreme Court rejected two appeals filed by the National Defense Council (CDE), in a court dispute between the owners of the Hites and Internal Revenue Service (SII), so that retail companies would not cancel cash of more than $ 2,800 million.
This case goes back to 2011, when The Internal Revenue Service detected a tax difference in investment and acquisition of Hites. In response, SII demanded that Hites pay 1,264 million pesos in 2011, amounting to $ 2,821 million for adjustments, fines and interest.
However, after the victory of Isaac Hites, the famous multi-store founder, retail companies don't have to cancel the weight now.
In this case, CDE questioned the origin of the fund to purchase a property located on Jalan La Bandera No. 1081, Parque El Sol, Maipú commune, with a total of $ 42,000,000; the purchase of Chrysler vehicles for $ 23,740,000; Subaru car acquisition of $ 13,693,932; from Toyota, with the amount of $ 11,260,200; in addition to mutual funds with a total of $ 1,156,546,966.