Vale SA (VALE): VALE will appeal $5.6B tax ruling (as ex...

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Re: hptaxis post# 165

Thursday, 01/26/2012 8:34:20 AM

Thursday, January 26, 2012 8:34:20 AM

VALE will appeal $5.6B tax ruling (as expected):

http://www.sec.gov/Archives/edgar/data/917851/000110465912004005/a12-3359_26k.htm

Good news: The $5.6B tax assessment being appealed is considerably less than the $14B liability described in #msg-70320171.

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