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Fiat Chrysler disagrees with Italy tax agency on underestimating U.S. business

Fiat Chrysler disagrees with Italy tax agency on underestimating U.S. business
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo   -   Copyright  Rebecca Cook(Reuters)
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MILAN (Reuters) – Fiat Chrysler Automobiles <FCHA.MI> said on Thursday it strongly disagreed with a tax authority claim that it had underestimated the value of its U.S. business following its acquisition of Chrysler.

“We are confident we will successfully make the case for a material reduction in the assessment,” a FCA spokesperson said.

(Reporting by Giulio Piovaccari, writing by Stephen Jewkes, editing by Francesca Landini)

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