US, Global Corporate Giants Not Amused As Mexico Finally Forces Them to Pay the Taxes They Owe

Mexican prosecutors get tough under progressive Mexican president AMLO.

Rigged Game

American Bar Association, Mexican business lobby, ambassadors from the US, Canada, etc. in uproar over holding executives accountable and threatening them with criminal probes. 70 Mexican officials also investigated.

By Nick Corbishley and cross-posted from WOLF STREET.

The American Bar Association (ABA) this weeklambastedthe Mexican government for using heavy handed tactics, including criminal probes into tax fraud, to motivate corporate tax dodgers to finally settle their tax bills. The complaint echoes a similar broadside from the International Bar Association last month and reflects growing frustration among companies about the government’s use of more stringent audits, tighter surveillance methods, and the threat of tough legal action to crack down on corporate tax dodgers and tax frauds.

The Government says it has launched criminal proceedings against 43 companies that owe 55 billion pesos ($2.6 billion) to the treasury in unpaid taxes dating back to 2010. Most other companies that have…

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