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Two multinational firms reach tax deals with Mexico for $300 mln

2015-02-23 23:31:34| Toys - Topix.net

Mexico has reached deals totaling around $300 million with two multinational companies following a probe into possible tax avoidance, the head of Mexico's tax authority said on Monday. Last year, Mexico said it had launched an "informal audit" of 270 companies for allegedly exploiting loopholes that authorities have starved the country of much-needed tax revenue for years.

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