October 16, 2019 / 10:01 PM / a month ago

Brazil's B3 says receives favorable judgment in $794 mln tax dispute

RIO DE JANEIRO, Oct 16 (Reuters) - B3 SA, the operator of Brazil’s Sao Paulo stock exchange, has received a favorable judgment from authorities regarding a 3.3 billion reais ($794 million) tax dispute, the company said on Wednesday.

In a securities filing, the company said the dispute related to the incorporation of Bovespa Holding SA in 2012 and 2013. The company added that it believed prosecutors could appeal the decision.

$1 = 4.15 reais Reporting by Gram Slattery Editing by Tom Brown

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below