The international gaming company Codere has won an initial court battle in its challenge to Mexico’s Ministry of Finance and Public Credit (SHCP), Yogonet reported January 23.
The Ministry says Codere owes MXN 1.2 billion ($70 million-plus) in back taxes dating 15 years back. However the Supreme Court of Justice of the Nation (SCJN) has left the door open to the company not paying the amount, which includes taxes, penalties and updates.
Previously the company lost a lawsuit against the Federal Court of Administrative Justice (TFJA) and filed a writ of amparo (Recurso de amparo) or appeal to Mexico’s highest court. It successfully challenged a section of the Federal Law of Administrative Procedure.
The court has dismissed an appeal filed by SHCP of the Codere decision. Earlier the Tax Administration Service (SAT) determined that Codere actually had a tax credit of MXN 1,272,385,927.
Codere operates gambling sites in Mexico, Spain, Columbia, Argentina, Italy and Uruguay.
