• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Guillermo Lasso prepares a dozen reforms; one of the first to be sent will be a tax reform
50-year-old man, mining worker, is the case zero of the Brazilian variant of coronavirus in Ecuador
Police capture the State Comptroller General, Pablo Celi, for alleged organized crime
Jaime Durán Barba, the ‘electoral guru’ who was key in Guillermo Lasso’s victory
Guillermo Lasso: the US and Ecuador will once again be allies
Rafael Correa: We honestly believed we were winning, but our projections were wrong
The European Union will continue to ‘strengthen’ cooperation with the new Government of Ecuador
With 99% of the minutes scrutinized, Guillemo Lasso wins the Presidency with 52.42%
Ecuador applies two doses of vaccine for every 100 inhabitants. How many are administered in other 48 countries in America?
Ecuadorian migrant died after falling from the border wall between the United States and Mexico

Odebrecht won sentences in 79% of tax trials in Ecuador

Posted On 13 Nov 2017

Ecuadornews:

 

State’s winning streak suffered a setback with Odebrecht. After winning 75% of the lawsuits for alleged tax evasion, the Internal Revenue Service went on to lose 79% of the cases brought against the Brazilian multinational in courts of the country in the last decade.

The legal director of the IRS Carlos Vallejo cannot find an explanation when he analyzes this unprecedented fact. “The average number of trials in favor of the IRS versus those we lost is shocking,” Vallejo said when reviewing a report detailing Odebrecht’s favorable judgments given by provincial, national and constitutional courtrooms, in the 19 trials against the Brazilian company.

IRS Director Leonardo Orlando participated last week in a press conference with Attorney General Carlos Baca in which it was announced that the Prosecutor´s office will bring charges against Odebrecht for tax fraud.

Basically, the company is accused of evading taxes, as it declared taxes on profits of $ 16 million when it would have obtained benefits, according to the IRS, for $ 116 million.

Regional Director of Odebrecht Mauro Hueb says that the Prosecutor’s Office will have to determine if Odebrecht applied in the tax field the same modus operandi it applied in bidding processes. “The company will recognize and repair any damage.” (I)

 

 

Source: https://www.eluniverso.com/noticias/2017/11/13/nota/6477769/odebrecht-gano-sentencias-79-juicios-tributarios

About the Author
  • google-share
Previous Story

Ex-owners of Caminosca must pay 14.8 million to the Australian company Cardno

Next Story

The CNE ratifies Lenín Moreno as national president of Alianza PAIS

SEARCH

LATEST NEWS

Guillermo Lasso prepares a dozen reforms; one of the first to be sent will be a tax reform

Posted On 15 Apr 2021

50-year-old man, mining worker, is the case zero of the Brazilian variant of coronavirus in Ecuador

Posted On 15 Apr 2021

Police capture the State Comptroller General, Pablo Celi, for alleged organized crime

Posted On 13 Apr 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net