Nicaraguan government seizes Channel 12 and demands millionaire tax relief

“The General Directorate of Revenue (DGI) seized Saturday the Nicavisión Canal 12 facilities, the outlet's vehicles and owner's house, Mariano Valle, for a tax relief of $21 million córdobas [about $607,000 USD], sources of the outlet confirmed to CONFIDENCIAL.

In a statement, the owners of Channel 12 reported that the embargo was set by the Luden Quiróz García, Third Judge of Embargoes and Executions of Managua, claiming an objection about the Income Tax (IR) declarations for the years 2011, 2012 and 2013. "


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