Stove $5295 Manager md page 13 From Fuad Giacoman To Alvaro Acevedo John Ordman Steve Kreps Date 1115103 Subject Manager Fund Gentlemen just to have you all informed the withholding income tax on manager funds payments will increase from 24 5% to 35% plus a 10% surcharge on the tax paid as result of the new income tax laws in Colombia for 2003 2003 Forecast Payment 85500 2 850 boxes withholding tax 35% 46 040 vs $27 745 $18 295 incremental Surcharge 10% 4 604 incremental and due in 2004 Total Regards uad This document is from the holdings of The National Security Archive Suite 701 Gelman Library The George Washington University 2130 H Street NW Washington D C 20037 Phone 202 994-7000 Fax 202 994-7005 nsarchiv@gwu edu