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Government says Mexican company owes over 63 billion in unpaid taxes

Mexico City, Mexico — The companies of Grupo Salinas, owned by Ricardo Salinas Pliego, owe more than 63 billion pesos to the Tax Administration Service (SAT), announced the head of the agency, Antonio Martínez Dagnino.

In a morning press conference with President Andrés Manuel López Obrador, the official explained that the figure is made up of more than 53 billion pesos corresponding to tax trials – as part of the audits carried out on four companies by the SAT between 2008 and 2018 – and more than 10 billion pesos for tax credits.

Martínez Dagnino said that the more than 63 billion pesos of debt that Grupo Salinas has is even greater than the annual budgets of federal entities such as Baja California Sur, which barely reaches 21 billion pesos or Tlaxcala, which receives 18 billion pesos.

More than 90 percent of the total debt is related to the figure of fiscal consolidation , used between 1982 and 2013 to give taxpayers the possibility of offsetting gains and losses of a single group and having a single result and, in addition, allowed deferring or defer the payment of Income Tax (ISR), but did not condone or cancel tax liabilities.

The original amount that Grupo Salinas had to pay for 17 lawsuits, including seven cases of tax consolidation, was 38 billion pesos. This rose as a result of the update, inflation and surcharges, said the SAT head.

The former fiscal attorney of the federation and current undersecretary of Human Rights, Population and Migration of the Ministry of the Interior, Félix Arturo Medina Padilla, said that the companies, using their legal and corporate structure, have challenged and delayed the issuance of a final ruling that It would force them to pay their taxes.

Grupo Salinas, owned by Ricardo Salinas Pliego, is made up of companies such as Elektra, Banco Azteca, Seguros Azteca, Tv Azteca and internet company Totalplay, among others. Earlier this week, the federal government of Mexico said Internet company Totalplay owes more than 1.5 billion in unpaid taxes.