Not another Verizon

[NewsWhore]

Treasury Minster Vicente Bengoa is warning that any group interested in buying Shell's shares in the Dominican Petroleum Refinery (REFIDOMSA) will have to pay capital gains tax. Bengoa said that he is warning any potential buyers to avoid a repetition of the impasse with Verizon when the telecommunications company was sold to a Mexican telecommunications group. Capital gains tax is levied on the difference between what the company was bought for and what it was sold for.

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