Overview
- Mexico’s Supreme Court unanimously left intact tribunal rulings that Elektra and TV Azteca owe 48,326 million pesos for 2008–2013 income taxes, surcharges and updates.
- President Claudia Sheinbaum said SAT will calculate and publish the exact figure as Hacienda outlines next steps, which can include embargos and account freezes under the administrative enforcement process.
- The Court indicated it will reject two remaining Grupo Salinas amparos on November 19, effectively closing domestic judicial avenues on the core tax disputes.
- Grupo Salinas called the outcome political persecution and said it will seek international remedies, while the U.S. Embassy dismissed as false a purported memo alleging a political case.
- Financial analysts warn TV Azteca lacks the capacity to cover the liabilities and could face severe strain across Grupo Salinas, with prior UIF actions already freezing certain casino-related assets.