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

Bahía de Banderas Launches Anti-Blockade Operation

Bahía de Banderas Launches Anti-Blockade Operation

Bahía de Banderas activated a preventive anti-blockade operation as Nayarit faced violence tied to a...
Mexicali Red Cross attends 54 heat-related cases in a single day

Mexico Heat Wave Holds as Storm Risk Spreads Tuesday

Mexico’s heat wave is forecast to continue Tuesday, with extreme highs in northern and Pacific...
Fires, roadblocks and bus suspensions followed the arrest of alleged CJNG figure in Nayarit

Fires, roadblocks and bus suspensions followed the arrest of alleged CJNG figure in Nayarit

Fires, roadblocks and bus suspensions followed the arrest of alleged CJNG figure Audias Flores Silva...
Mérida Horse Carriage Ban Push Gains New Attention

Mérida Horse Carriage Ban Push Gains New Attention

PETA Latino renews its call to ban horse-drawn carriages in Mérida as the city weighs...