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

san miguel

San Miguel de Allende Returns to Condé Nast Voting

San Miguel de Allende is back in the 2026 Condé Nast Traveler Readers’ Choice Awards...
ATM Fraud Alerts Spread in San Miguel Shopping Centers

ATM Fraud Alerts Spread in San Miguel Shopping Centers

Reports of ATM fraud in San Miguel de Allende are raising concern after residents described...
New Traffic Lights Start Service in Playa del Carmen

New Traffic Lights Start Service in Playa del Carmen

Playa del Carmen switched on new traffic lights as officials flagged 13 more priority sites...
Magnicharters Halt Leaves Cancún Travelers Scrambling

Magnicharters Halt Leaves Cancún Travelers Scrambling

Six Magnicharters flights were disrupted in Cancún after the airline paused operations for two weeks,...