El Salvador signs anti-fraud agreement with Spain
El Salvador has signed an agreement with Spain that's aimed at avoiding double taxation and preventing tax fraud.
Friday, July 11, 2008
"The agreement is a tool that will encourage investments and trade between our countries," said El Salvador's Vice President, Ana Vilma de Escobar.
Mario Brol Samayoa has been convicted of money laundering, tax fraud, special case of tax fraud and customs fraud.
Costa Rica intends to fight tax fraud and evasion, labeling them not only as felonies but also as an ethical and solidarity problem.
Fraud charges could be brought with imprisonment of up to five years for employers who do not regularize their tax situation.
El Salvador and France held meetings with the goal of improving investment relations as well as trade between the two countries.
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