Bloomberg News

Chilean Retailer La Polar Receives $46 Million Bill for Taxes

June 29, 2012

Empresas La Polar SA (LAPOLAR), the Chilean retailer trying to avoid its second bankruptcy in 13 years, has received a tax bill from the country’s revenue service totaling 23.6 billion pesos ($46 million).

La Polar disclosed the tax bill in a statement posted on the website of the Santiago stock exchange.

To contact the reporter on this story: Sebastian Boyd in Santiago at sboyd9@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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