Dogan Tax Debt May Decline to 300 Million Liras, Star Reports

April 25 (Bloomberg) -- The tax debt of Turkish businessman Aydin Dogan’s media companies may be reduced to between 300 million liras ($197 million) and 400 million liras under a government restructuring plan, Star newspaper reported citing unidentified Finance Ministry officials.

Dogan is seeking buyers for his media assets after the government demanded $3.8 billion in back taxes and fines.

Click here for web link

To contact the reporter on this story: Selcuk Gokoluk at sgokoluk@bloomberg.net