The Supreme Court has rejected two appeals lodged by the State Budgetary Council (CDE) in the judicial dispute between the Hites and the Internal Revenue Service (SII), so the retail company has not suspended more than 2,800 million dollars for the Treasury.
This case goes to 2011 Internal Revenue Services Detects Tax Differences in Hites Investments and Acquisitions. As a response, SII paid HK $ 1,264 million in 2011, amounting to $ 2,821 million for adjustments, fines and interest.
However, after the victory of Isaac Hites, the founder of the well-known multi-store retailer, the retailer does not have to remove any weight.
In this case, CDE questioned the origin of the acquisition fund of a property located in the municipality of Maipú 1081, Parque El Sol 1081, $ 42,000,000; Purchase of Chrysler vehicles $ 23,740,000; Subaru car purchase $ 13,693,932; A Toyota, $ 11,260,200; Total of 1,156,546,966 $ for mutual societies.