Spain seeks 176 mln euros from PSA unit - report

Newswire

PARIS, July 30 (Reuters) - Spanish income tax authorities are seeking to recover 176 million euros from Peugeot Citroen Automoviles Espana (PCAE), the local subsisiary of struggling French carmaker PSA, the website of daily La Tribune said on Monday. The authorities contend that PCAE wrongly deducted taxes on provisions for asset depreciations tied to the purchase of PSA's Argentinian unit in 2001, la Tribune.fr said. PCAE has appealed the tax authorities' ...

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