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Mexico Increases Seizures for Undervaluation in First Thrid of 2019

Mexico’s Tax Administration Service (SAT) issued 262 seizure orders for undervaluation in the first quarter of 2019, a year-on-year increase of 60.7%, according to a report on the Mexican business news site Opportimes. That’s even though SAT carried out only…

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625 value analyses during the first quarter, 60.1% fewer than the same period the previous year, the report said.