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Home / chile / The Supreme Court confirmed the "riverbank forgiveness" to the founder of Hites of 2,800 million

The Supreme Court confirmed the "riverbank forgiveness" to the founder of Hites of 2,800 million



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.


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