SAO PAULO, April 5 A Brazilian tax auditing
court ruled state-controlled oil company Petrobras
should be charged 1.5 billion reais ($484.3 million) in taxes
over profits of a Netherlands-based subsidiary, the company said
in a Wednesday securities filing.
The so-called CARF court argues Petróleo Brasileiro SA, as
the firm is known, failed to include the subsidiary when
calculating its 2009 income taxes, as well as separate tax on
net profits. Petrobras has not yet been formally notified of the
decision and may choose to appeal, according to the filing.
($1 = 3.0974 reais)
(Reporting by Roberto Samora and Bruno Federowski; Writing by
Bruno Federowski; Editing by Chizu Nomiyama)