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A cautionary tale: Canacol subsidiary penalized for faulty paperwork

Thursday, May 2nd, 2013 Category: Company News
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Business magazine Dinero reported that the Dian penalized the oil company CECSA, a Canacol subsidiary, by closing of the CECSA offices from April 26 until April 29. The cause was an error in CECSA’s crude oil sales invoices. The error happened in 2008 and there was no tax evasion, which is why the Dian did not impose any fines on the company.

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