Dominican Internal Taxes Wil Not Receive Any Verizon Money

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Verizon Dominican who sold their telecom firm will not pay any taxes out of the US$170 Million they gained, and have not registered the bill of sale as income according to the General Interal tax Agency (DGll).

Equivalent to some RD$5.7 Billion the transaction which took place last year on December the 1st, should by now have been registered with the DGll as part of internal revenue for that month.  However the agency did not report on income for the month of December but rahter informed on accumulated revenue during the period of January to December 2006.

They only showed an increase of 6% in December which is barely more than that of their November figures.

 

Read 511 times Last modified on Tuesday, 20 February 2007 00:09

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