SAO PAULO,NAGA MOTOR - Problem seems to have moved from Hyundai Motor Co. or HMC. Recently they sent thousands of cars Somalia hijacked by pirates in the Gulf of Aden, now South Korean manufacturers that have to deal with the Brazilian government related tax issues.
Department of Taxation Brazil (DPB) are investigating the activities of the alleged import of Hyundai pengemplangan action the government imposed taxes. Hyundai cars are trafficked to Brazil has a price 40 percent cheaper than similar products are marketed in the United States (U.S.), Argentina, and Australia.
These conditions led to allegations of dumping practices by the company to reduce the tax burden, as quoted by Bloomberg (12/1/2010). Currently, the problem being discussed by the Ministry of Trade with the local tax department.
Party local distributor, Hyundai Caoa do Brasil Ltda from related highlighted this problem. One of the new indication, during January-November 2009, imports into the country Hyundai cars Samba experienced jumps 17 percent valued at 839 million U.S. dollars.
Until this news was issued, has not obtained confirmation from the DPB. A spokesman admitted Caoa local distributor has no direct relationship with the principals Hyundai in South Korea. Meanwhile, the principals in Seoul, South Korea, refused to make comments related to this issue.
Department of Taxation Brazil (DPB) are investigating the activities of the alleged import of Hyundai pengemplangan action the government imposed taxes. Hyundai cars are trafficked to Brazil has a price 40 percent cheaper than similar products are marketed in the United States (U.S.), Argentina, and Australia.
These conditions led to allegations of dumping practices by the company to reduce the tax burden, as quoted by Bloomberg (12/1/2010). Currently, the problem being discussed by the Ministry of Trade with the local tax department.
Party local distributor, Hyundai Caoa do Brasil Ltda from related highlighted this problem. One of the new indication, during January-November 2009, imports into the country Hyundai cars Samba experienced jumps 17 percent valued at 839 million U.S. dollars.
Until this news was issued, has not obtained confirmation from the DPB. A spokesman admitted Caoa local distributor has no direct relationship with the principals Hyundai in South Korea. Meanwhile, the principals in Seoul, South Korea, refused to make comments related to this issue.
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