Tag Archives: Modelo

Mexican Tax Collector Exhausts Big Corporation Payouts

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By THE PULSE NEWS MEXICO STAFF Mexico’s Tax Administration Service (SAT) seems to have overharvested its big-corporation settlement program, leaving the Andrés Manuel López Obrador’s (AMLO) administration’s proverbial goose-that-lays-the-golden-egg revenue source quite literally overtaxed. According to figures from the Finance Secretariat (Hacienda), in the first 10 months of this year, the SAT collected just 148 billion pesos from audits of

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Pandora Papers Open Box of Woes for Morena

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By THÉRÈSE MARGOLIS The Pandora Papers, which were released on Sunday, Oct. 3, by the International Consortium of Investigative Journalists (ICIJ), exposing the offshore financial havens and hidden riches of some of the world’s biggest movers and shakers, has opened a whole new can of worms for the leftist National Regeneration Movement (Morena) party of Mexican President Andrés Manuel López

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Pandora Papers Implicate Billionaires, Legal Advisor to AMLO

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By THÉRÈSE MARGOLIS More than 3,000 Mexicans — including three billionaires and a former close advisor to President Andrés Manuel López Obrador (AMLO) — have been implicated in the so-called Pandora Papers, a trove of more than 11.8 million documents collected by the International Consortium of Investigative Journalists (ICIJ) that exposes secretive offshore accounts that allowed government leaders, financial tycoons

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Belgian Ambassador Hosts Food Products Fair

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By THÉRÈSE MARGOLIS     At just 30,510 square kilometers, Belgium is one of the smallest members of the European Union, coming in at 24th place in terms of area ranking (only Slovenia, Cyprus, Luxembourg and Malta are smaller). It is also accounts for just over 2 percent of the bloc’s nearly 500-million-strong population. But while Belgium may be small in size,

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