FISCO proposes that withholding responsibilities should be shifted to intermediaries, so that any intermediary in the custody chain could either assume withholding responsibilities or take responsibility for granting tax relief.
If this was not done, FISCO could find no other solution that would give comparable audit and enforcement powers to tax authorities.
After the new-share allotment to Toyota, Mitsubishi Estate's stake in FISCO will fall to 20%, with the remaining 13% to be held by construction company Taisei Corp.
The purchase of a majority stake in FISCO is part of Toyota's efforts to strengthen motor sports-related activities.
The ceremony will take place at Point Arnold on FISCO.
Navy flag will be lowered by the members of Joint Military Postal Activity-Pacific Color Guards and presented to retiring Captain Ernest Hunter, who was the last commanding officer at FISCO.
SCENE The pool of the Blue Sea Los Fiscos hotel in Lanzarote; inset, Jane Taylor
SCENE The hotel pool at the Blue Sea Los Fiscos hotel in Puerto del Carmen
Scottish holidaymaker Alan Atkinson, 48, suffered a heart attack after allegedly being hit over the head with a rock during a fight at the Blue Sea Los Fiscos hotel in Puerto del Carmen.
Staff at the three-star Blue Sea Los Fiscos hotel declined to speak to the ECHO.
The Civil Guard police arrested the other couple after the fight at the threestar Blue Sea Los Fiscos hotel in the south of the island.
Holidaymaker Alan Atkinson, 48, of Carr Hill, Gateshead, suffered a heart attack after being hit over the head with a rock during an alleged fight at the Blue Sea Los Fiscos hotel in Puerto del Carmen.