El Nuevo Herald: HOW THE INTERNAL REVENUE SERVICE IN ECUADOR FABRICATED A GLOSS ON EXPORTADORA BANANERA NOBOA IN 2005



The american newspaper, El Nuevo Herald, published on November 11th 2013, a press release by attorney Roberto Ponce Noboa regarding the political persecution led by the SRI to the company SRI hacia Exportadora Bananera Noboa.

Here is the press release:

HOW THE INTERNAL REVENUE SERVICE IN ECUADOR FABRICATED A GLOSS ON EXPORTADORA BANANERA NOBOA IN 2005

Exportadora Bananera Noboa delivered precise and sufficient information regarding export costs of unripened banana from Ecuador within the determination process effected by the I.R.S. in 2005 and payed its taxes.

Nevertheless the I.R.S. requested information from Exportadora Bananera Noboa regarding costs occurring all along the commercial chain until ripened fruit reaches supermarket shelves in different parts of the world. For an exporter, this information is impossible to obtain since his business is to sell unripened fruit, fob in Ecuador (fruit on Board). This is how the I.R.S. perpetrated this absurdity:

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By the way of mistaken methodology applied by the I.R.S. for the year 2005, income ¨adjustment¨ is determinated at $226,288,018 forgetting key costs (see graph) which is equivalent to Exportadora Bananera Noboa making over 100% on sales. Once again, how absurd.

This unjust, illegal and disproportionate treatment is reserved by the I.R.S. strictly for Exportadora Bananera Noboa and not against any other banana exporters many of which have a similar sales volume and received glosses one hundred times smaller.

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This is how this unjust gloss has befallen Exportadora Bananera Noboa, leveled on fictitious values, mistaken methodology and denying us the opportunity to prove all the mistakes this tributary administration has incurred in persecution of Exportadora Bananera Noboa and counselor Alvaro Noboa who worked for this company and ran for president on three occasions against Rafael Correa.

Ab. Roberto Ponce Noboa

Legal Representative

EXPORTADORA BANANERA NOBOA

 

Dr. Juan Vizueta

Lawyer

EXPORTADORA BANANERA NOBOA

 

Contact: Ab. Roberto Ponce – Mobile: (954) 830-3603 – [email protected]

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