Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Multinational Company at Heart of Tax Evasion Probe Will Pay

Mexico's tax collection agency (SAT) has reached a deal with a multinational company at the center of a tax-avoidance investigation, and the latter will make a 'substantial' payment soon, a senior official was quoted as saying on Monday.

"We have just closed a case with an iconic company," Oscar Molina, who audits large companies at SAT, told Mexican newspaper El Universal.

"The taxpayer ultimately accepted the regularization of its fiscal situation, and we'll receive a payment it has to make in the next few days and which will be substantial," Molina said.

Molina did not name the . . .

Read Full Story

Related Posts

puerto vallarta news

Puerto Vallarta Morning Briefing: March 7 Daily Update

Top stories for Puerto Vallarta today include heat and UV, bridge detours, security posture, cruise...
Mexico Homebuilders Hit 2025 Sales High as Credit Eases

Mexico Homebuilders Hit 2025 Sales High as Credit Eases

Mexico’s listed homebuilders posted standout 2025 sales as financing improved, but weak supply still leaves...
Puerto Vallarta Lands Big Share of Velas 2026 Plan

Puerto Vallarta Lands Big Share of Velas 2026 Plan

Velas Resorts will invest $135 million across Mexico in 2026, with Puerto Vallarta and Casa...

Security chief says CJNG was weakened after El Mencho’s death but operations continue

Mexico’s security chief says CJNG has been weakened since El Mencho’s death, but federal operations...