Michigan Presses Delphi On Tax Issue

Law360, New York (January 7, 2008, 12:00 AM EST) -- Michigan has launched two new tax audits at Delphi Corp., hoping to shake down the bankrupt auto supplier for the alleged $10.5 million it owes the state in unpaid business taxes.

On Wednesday, Delphi revealed that Michigan is currently auditing the company in an attempt to discover whether the supplier paid so-called use taxes from 1999 through 2005 for its automotive systems unit, according to the filing.

State authorities are also planning to conduct a similar inquiry into Delphi's technology unit. A hearing on both matters...
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