Almost three years later, on Thursday, federal prosecutors in IL together with agents of the Federal Deposit Insurance Corporation office of inspector general, the Internal Revenue Service’s criminal investigation division and the Department of Commerce office of export enforcement, descended unannounced on Caterpillar’s headquarters.It was not immediately clear why federal agents raided the three locations. Major construction equipment manufacturer Caterpillar was reportedly raided Thursday by federal authorities for an investigation into the company’s taxes, according to media reports.Caterpillar, which has a financial unit that lends to customers, said it was cooperating with the investigation. She declined to comment further.The stock was more than 3 percent lower in midday trading. British PM accuses Scotland’s SNP of being obsessed with independence
She said that a ” tunnel-vision nationalism, which focuses only on independence at any cost, sells Scotland short”. In the 2014 Scottish independence referendum, 55% voted in favor of remaining in the United Kingdom. A spokesperson for the Dept. of Justice tells Fox News the FDIC Office of Inspector General, IRS Criminal Investigation and the Commerce Dept.’s Office of Export Enforcement were involved in the raid.The company is accused in the investor suit of making false and misleading statements and failing to disclose that it used its foreign subsidiaries to avoid paying billions of dollars in US taxes.Caterpillar, in its annual report, said it is “vigorously contesting” the IRS demand. “We believe that the relevant transactions complied with applicable tax laws and did not violate judicial doctrines”, it stated.The IRS penalties were preceded by a grand jury subpoena on January 8, 2015, from the U.S. District Court for the Central District of IL requesting documents and information on the company’s cash movement between U.S. and non-U.S. subsidiaries.The case is Newman v. Caterpillar Inc et al, U.S. District Court, Northern District of Illinois, No. 17-01713. North Korean suspect released over airport murder of Kim Jong Nam
The reaction and the response must be firm and North Korea must be taught that such a conduct has no place in this day and age. Also Thursday, amid growing fallout from the killing, Malaysia announced it is scrapping visa-free entry for North Koreans. The facility in Morton, according to the company’s website, is responsible for receiving and shipping replacement parts to parts facilities and Caterpillar dealers worldwide.In a statement Thursday after federal agents appeared at its Peoria, Illinois, headquarters and other Illinois facilities, Caterpillar says the issue it concerns was first disclosed in a 2015 filing with the Securities and Exchange Commission.Last month, Caterpillar said in a filing with the SEC that it was “vigorously contesting” a notice from the IRS that it owed $2 billion more in US taxes for the years 2010 to 2012 from profits earned by the Swiss unit CSARL. Caterpillar cut 12,300 jobs in 2016, including 7,700 in the United States.”We believe the execution of this search warrant is regarding, among other things, export filings that relate to the CSARL matter”, Caterpillar said in a statement later on Thursday, referring to its Swiss subsidiary. Haye: I’ll do much damage to Bellew with my gloves
I think Hearn is just throwing their names out there without him being serious about wanting to make those fights. Joshua did some research on Haye’s doctor and is not surprised by the injury that was suffered on Saturday night.