|Bid||312.550 x 11700|
|Ask||312.650 x 349100|
|Day's Range||308.800 - 314.800|
|52 Week Range||297.400 - 453.620|
|PE Ratio (TTM)||10.56|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
BT is facing a potential £232m tax bill in Brazil, in what could prove to be another setback for its Global Services division. The telecoms company disclosed in the footnotes of its full-year results that ...
Dozens of tax police visited the Italian offices of nine suppliers to BT Italy, including the U.S. tech firm, and seized boxes of documents.
Italian investigators have seized documents from the Milan offices of International Business Machines Corp as part of an investigation into allegations of fraud at one of its customers, BT Italy, a unit of Britain's BT Group, sources said. Dozens of tax police visited the Italian offices of nine suppliers to BT Italy, including the U.S. tech group, on Thursday, as well as BT Italy's own headquarters, and took boxes of documents away, said sources familiar with the probe. The U.S. group is not formally under investigation and none of its representatives has been accused of wrongdoing, but the warrant for Thursday's seizures, seen by Reuters, states that some transactions between BT Italy and its suppliers were faked.