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Investigating Coca-Cola Tax Evasion

By Alfredo Gonzalez | Reforma, Business Section
[Note that the English translation is a Google translation]
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At the request of the Ministry of Finance, Management Service Taxation (SAT) made a research on tax evasion by way of outsourcing to The Coca-Cola Company in Mexico.

Victor Manuel Martinez Contreras general director of Crime Deputy Prosecutors Prosecutor of the Federation, sent a SAT in the letter requesting implement actions and determine research on tax evasion subsidiaries of the soft drink in the country.

The investigation arose of a complaint by former director Market Development The Coca-Cola Company, Angel Alvarado Agüero, who estimated that fraud by simulating outsourcing, reaches more than 14 billion dollars.

Alvarado Agüero 4 years ago trying to prove the fraud, by the signing on against the workers, the Treasury and Social Security, to simulate outsourcing services, where workers actually are employees of the company.

As a representative of Finance Contreras Martinez notes the SAT did Alvarado Agüero possibly made the claim constitute a crime by part of the subsidiaries of The Coca Cola Company in Mexico.

According to the document, research the SAT would be carried out on three subsidiaries: The Coca-Cola Export Corporation and outsourcing company Integrated Services staff and Senior Management Management (SIAAGSA) and The Coca- Cola Export Corporation Sucursal Mexico.

Although research that followed, President The Coca-Cola Company, Muhtar Kent, denied on 27 April before the Annual Meeting of Shareholders in Mexico they follow a evasion investigation.

Felipe Gomez Mont, a lawyer former employee of the soft drink, revealed in documents that the Treasury received the complaint and found, the elements complaint with the Attorney General of the Republic for a tax fraud which could reach $ 70 million.

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