Telefonica Costa Rica offices raided in USD 2 mln tax probe

Wednesday 9 January 2019 | 11:56 CET | News
Costa Rica's public prosecutor office announced that it raided the offices of Telefonica and three other companies in the country as part of an investigation into the alleged avoidance of over CRC 1.25 billion (around USD 2 million) in taxes. In a statement, the office said it was following up on a complaint filed by the country's public finance ministry on 14 December, alleging that Telefonica sold assets to one of its own units in 2017 with a view to avoiding tax payments.

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Categories: General
Companies: Telefonica
Countries: Costa Rica
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