Puerto Vallarta News

Puerto Vallarta 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

OXXO honors Playa del Carmen police for store safety

OXXO honors Playa del Carmen police for store safety

OXXO recognized Playa del Carmen municipal officers for responding to crimes against stores, highlighting a...
playa del carmen sargassum

Early sargassum surge drops 1,000 tons in Playa del Carmen

About 1,000 tons of sargassum washed up at El Recodo in Playa del Carmen in...
Los Cabos turns food into its strongest travel pitch

Los Cabos turns food into its strongest travel pitch

Los Cabos is turning chefs, local farms, and sea-to-table dishes into a signature draw for...
e-waste

Los Cabos opens 2026 with a major recycling drop-off

Los Cabos will hold a public recycling and special-waste drop-off Jan. 30 in San José...