Overview

• Samsung told EL CEO it is pursuing a constructive agreement with the tax authority over the alleged “double VAT” issue and reaffirmed its long-term commitment to Mexico.
• The case centers on IMMEX’s virtual import modality, which the SAT deems misused, while a Supreme Court justice has warned the SAT view would amount to unconstitutional double taxation.
• Media reports place Samsung’s potential exposure at more than 300 billion pesos once interest above 9% plus fines and surcharges are included, roughly six years of the firm’s Mexico profits.
• The Supreme Court plenary postponed a final decision after dismissing a draft earlier this year, then removed the matter from its docket again in early October without a new date.
• Reports say Samsung is evaluating relocation or closure if the outcome is adverse, and industry groups note IMMEX exports topped $300 billion in 2024 with possible spillovers for USMCA partners.