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

Quintana Roo beach works

NGOs urge Semarnat review of Quintana Roo beach works

NGOs want Semarnat to demand a new impact study before planned beach works restart across...
San Miguel stray dogs

San Miguel stray dogs policy tests city hall and neighbors

San Miguel de Allende weighs humane control of roaming dogs against bite risks, disease fears,...
cancun flights

Cancun airport flights hit 604 as holiday travel surges

Cancun airport scheduled 604 arrivals and departures on Dec. 21, a clear sign the holiday...
Marigalante II Puerto Vallarta

Marigalante II Pirate Ship arrives in Puerto after Panama trip

Marigalante II reached Puerto Vallarta after crossing the Panama Canal, taking over from the sunken...