Billions of pesos worth of tax debt forgiven by the federal taxation administration, SAT, have prompted criticism from a civil organization dedicated to government budget and policy analysis.
The organization’s findings have been published in a report called Fiscal Privileges, which says that SAT has cancelled the debts without providing any logical explanation to justify its actions, while withholding details about the individuals or businesses involved.
What Fundar was able to determine was that forgiving the tax debts has for the most part benefitted a small number of taxpayers, which it describes as “a worrying situation.”
Just in the last year, the tax authority forgave tax debts amounting to 15 billion pesos owed by 15 companies. Among them were several branches of the GEO corporation, Simec International, Industrias CH, Volkswagen, the National Polytechnic Institute (IPN) and Arnecom.
To read complete article click here.
more recommended stories
Spanish oil company Repsol enters the Mexican market
Seven gas stations in Baja California.
Balché: Sacred Maya drink
The balché is a Maya ceremonial.
Satellite Wi-Fi will take the Internet to disconnected Mexicans
In Mexico there are 63.9 million.
Fundraiser event held in Valladolid to benefit DIF and Lions Club
A total of 21 designers from.
Once again, crime rates decrease in Yucatan: Semaforo.com.mx
During the first months of 2018,.
New Viva Aerobus Mérida-Tuxtla Gutiérrez direct flight to start operations in June
The low cost airline Viva Aerobus.
Yucatan Real Estate prices on the rise: Propiedades.com
The prices of houses in the.
Beach Erosion, a fight against nature in Yucatan
The waves beat without mercy the.
6 police officers and 10 suspects killed in shootouts in Guerrero
A total of sixteen people —.
Remnants of migrant caravan move toward US-Mexico border
The remnants of a migrant caravan.