May 25, 2020
MEXICO CITY (Reuters) – Mexico’s biggest retailer, Walmart de Mexico, said on Monday that it had paid 8.08 billion pesos ($358 million) to Mexican tax authorities in relation to its sale of a restaurant division and other matters.
The company, commonly known as Walmex, has faced a growing tax liability from the 2014 sale of its Vips restaurant division to Mexican restaurant company Alsea.
(Reporting by Daina Beth Solomon; Editing by Julia Love)
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Walmart de Mexico says it has paid $358 million to tax authorities
![Walmart de Mexico says it has paid $358 million to tax authorities]()
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May 25, 2020
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