Reuters: Regulatory News: Itaú Unibanco charged $8 bln in back taxes for 2008 merger

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Itaú Unibanco charged $8 bln in back taxes for 2008 merger Aug 16th 2013, 14:57 SAO PAULO | Fri Aug 16, 2013 10:57am EDT SAO PAULO Aug 16 (Reuters) - Itaú Unibanco Holding SA said on Friday it had received a fine in June from Brazilian tax authorities charging 18.7 billion reais ($7.98 billion) in back taxes related to the 2008 merger that made it Brazil's largest bank by market value. Itaú is appealing the decision and its lawyers see a "remote" risk of losing the appeal, according to a securities filing. []

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