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Article

30 Jul 2008

Author:
Franz Wild, Bloomberg

Swiss Group Danzer Accused by Greenpeace of Tax Dodge

Danzer Group…was evading taxes in Congo and contributing to global warming through harmful logging, Greenpeace International said. The company denied the accusations. The…company avoided paying taxes of nearly 8 million euros ($12.5 million) in the Democratic Republic of Congo and the neighboring Republic of Congo, ``exposing how industrial logging not only is a key force in climate destruction, but also a failure for developing one of the world's poorest regions,” [Greenpeace] said today…Danzer withheld no taxes, the company said in an e-mailed statement yesterday…The DRC today started assessing whether the 156 forestry titles held in the…country comply with its 2002 forestry code.