f
  •  
Mexican president pressures Canadian miner in simmering tax dispute © Reuters. FILE PHOTO: Mexico's President Lopez Obrador addresses to the nation on his second anniversary as President, at the National Palace in Mexico City

MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Monday urged a Canadian mining company in the country to pay outstanding taxes, saying it was hiding behind the threat of international litigation to shirk its obligations.

Questioned at a news conference about the tax burden on mining firms in Mexico, Lopez Obrador said there were Canadian companies that met all their fiscal obligations.

"However, this other company does not," Lopez Obrador said, describing the miner as operating in Tayoltita in the northern state of Durango, without disclosing its name.

He appeared to be referring to First Majestic Silver (NYSE:AG) Corp, which operates the San Dimas silver and gold mine in Tayoltita, one of its three working mines in Mexico.

Reuters reported this month that the government planned to seek 11 billion pesos ($534 million) from First Majestic in delinquent taxes.

First Majestic declined to comment on Lopez Obrador's remarks.

The company said previously it would pursue all legal options, including under international law, if it could not reach an agreement with tax authorities.

Lopez Obrador said the company was attempting to use international tribunals to protect itself.

"It has to pay taxes and it doesn't want to pay taxes," he said, adding he hoped the Canadian Embassy would take note of what he was saying. "Hopefully the ambassador ... urges them to come to their senses, because this cannot be permitted."

A spokeswoman for the embassy said it could not comment on matters involving private companies but that the ambassador was aware of the issue.

Lopez Obrador previously called on the Canadian mining sector to bring itself up to date on taxes amid a government push to boost corporate tax collection.


Other relevant articles 
[2021-02-22 19:15:29] Mexican government gives Pemex $3.5 billion fiscal support
[2021-02-21 23:20:19] Six killed in Mexican air force plane accident in Veracruz
[2021-02-21 19:50:23] Somali president challenged in his bid to secure new term
[2021-02-21 02:10:21] Niger votes in presidential runoff to usher in first democratic transition
[2021-02-18 08:00:11] General Motors, Volkswagen halt some Mexican operations on gas shortage
[2021-02-15 01:00:25] Olympics: Tokyo organisers could choose new president this week, report says
[2021-02-14 17:25:20] Flamboyant former Argentine leader Menem dies at age 90
[2021-02-11 05:05:06] Tokyo 2020 President Mori to resign over sexist comments - media
[2021-02-10 10:05:03] Emirates president says Boeing 777x deliveries unlikely before...
[2021-02-10 09:25:03] Toyota president disappointed by comments from Tokyo 2020 chief...
[2021-02-09 13:25:02] Analysis: Mexican power bill seeks legal compromise for bruised...
[2021-02-07 12:40:18] Ecuadoreans vote for president; austerity-weary nation leans...
[2021-02-07 05:55:18] Nearly all victims of Mexican massacre confirmed as Guatemalans
[2021-02-06 09:55:15] Somalia leaders fail to break deadlock over presidential vote
[2021-02-04 17:45:07] IDB president: it behooves U.S. to support capital increase
[2021-02-03 00:20:07] Yellen and Mexican finance minister discuss digital taxation
[2021-02-01 15:00:26] Exclusive-Mexican tax authorities to seek over $500 million from...
[2021-02-01 13:15:24] Mexicans defy pandemic blues with record remittance surge
[2021-01-31 11:25:19] Italian president has not contacted former ECB chief Draghi:...
[2021-01-31 03:30:19] Mexican president remains mild case of COVID-19, ministry says
[2021-01-31 00:55:19] Mexican telecoms magnate Slim returns home after hospitalization...
[2021-01-29 16:20:11] Biden administration to send team to Kabul for peace process...
[2021-01-27 19:40:08] U.S. warns of heightened domestic terrorism threat after presidential inauguration
[2021-01-25 18:50:26] Watchdog to probe if Justice Dept. officials improperly tried to...
[2021-01-25 09:55:21] Russian President Vladimir Putin to address World Economic Forum...
[2021-01-25 02:15:22] Mexican president Lopez Obrador tests postive for COVID-19
[2021-01-24 19:40:19] Presidents of Mexico, Russia to discuss Sputnik V vaccine on Monday
[2021-01-24 18:10:19] Mexican authorities recover 19 bodies, some shot and burned, in remote area
[2021-01-24 11:45:20] Portugal votes for new president at height of pandemic
[2021-01-23 12:40:41] Portugal holds presidential election as COVID-19 cases spiral
[2021-01-23 11:40:23] Iran to begin COVID-19 vaccinations in coming weeks: President...
[2021-01-23 04:20:30] Mexican president, Biden discuss migration, coronavirus, development
[2021-01-22 20:55:12] Texas attorney general files lawsuit seeking to block U.S....
[2021-01-20 19:45:10] Dow Nears Record High as Biden Sworn in as U.S. President
[2021-01-20 19:45:10] Dow Hits Record High as Biden Sworn in as U.S. President
[2021-01-20 18:00:10] Biden sworn in as U.S. president
[2021-01-19 21:00:06] Mexican inflation expected to tick up in early January: Reuters...
[2021-01-17 23:30:21] Ghana president warns of health system overload as COVID cases...
[2021-01-17 14:20:19] U.S. Vice president-elect Harris set to resign Senate seat on...
[2021-01-17 12:35:22] Lebanon patriarch tells feuding president and PM-designate to...
[2021-01-15 14:35:11] Indonesia president says sovereign wealth fund to collect $20...
[2021-01-15 02:50:11] Pence vows to honor U.S. history, ensure safe inauguration of new...
[2021-01-14 19:35:08] Inside Trump’s final days: Aides struggle to contain an angry,...
[2021-01-14 06:20:07] Former presidential contender Andrew Yang to run for New York...
[2021-01-13 22:45:14] Trump Becomes First President to Be Impeached Twice
[2021-01-13 20:20:08] Emirates president says Boeing 777x entry to service may slip to...
[2021-01-13 19:30:10] Oil companies, industry group could cut political donations...
[2021-01-13 17:15:07] Exclusive: Facebook tracking a rise in violent rhetoric tied to...
[2021-01-13 05:00:10] Indonesia launches vaccination drive as COVID-19 deaths hit record
[2021-01-11 23:40:23] Factbox: Biden Cabinet - President-elect fills out his team
[2021-01-10 05:00:21] Nationalist politician likely to win Kyrgyz presidential vote
[2021-01-09 11:10:14] Iran bans foreign companies from testing COVID-19 vaccines on...
[2021-01-08 03:00:21] Mexican president evaluates merging anti-trust regulators with ministries
[2021-01-08 00:25:17] Vice President Pence opposes using 25th amendment to remove Trump: Business Insider, NY Times
[2021-01-07 18:25:07] Facebook blocks Trump for at least final two weeks of presidency,...
[2021-01-07 09:50:06] U.S. Congress accepts Electoral College result; clears way for...
[2021-01-05 20:50:07] Mexican inflation likely dips to 7-month low in December: Reuters...
[2021-01-03 01:55:18] Outsourcing cost Mexico 250,000 jobs in December, president says
[2020-12-31 21:00:12] Mexican pilots reject alternative cost plan in Aeromexico...
[2020-12-31 03:50:06] Exclusive: Mexican finance minister picks holes in central bank...
[2020-12-28 01:15:22] Brazil vice president tests positive for coronavirus; 344 new deaths recorded
[2020-12-26 02:35:13] Mexican families scale down Christmas celebrations as pandemic...
[2020-12-23 23:45:08] Ex-presidential contender Andrew Yang files papers to run for New...
[2020-12-22 21:40:04] Some automakers want more time to meet new trade rules, Mexican official says
[2020-12-20 00:25:33] Brazilian finance minister to stay until end of Bolsonaro administration,...
[2020-12-19 19:45:16] Central African Republic says former president plotting a coup
[2020-12-16 02:10:06] Factbox: The Biden Cabinet - president-elect fills out his team
[2020-12-15 20:55:04] McConnell urged Republican senators not to object when Congress...
[2020-12-15 12:05:03] OPEC’s President Says Oil Cartel Cannot Rush Output Increases
[2020-12-14 20:35:22] U.S. Electoral College votes, taking Biden closer to White House
[2020-12-13 17:35:19] Algeria president makes first appearance since hospitalisation
[2020-12-13 00:00:21] Mexican central banker turns up heat on contentious law
[2020-12-11 20:35:11] Factbox-When and how electors in key contested states cast their...
[2020-12-07 20:20:23] Georgia recertifies U.S. presidential election results,...
[2020-12-07 20:20:23] Mexican inflation likely slowed in November to lowest level since June: Reuters Poll
[2020-12-07 16:00:25] World Economic Forum to be held in Singapore in May: WEF...
[2020-12-07 15:35:22] Mexican president picks Borja as new Banxico board member
[2020-12-06 19:10:19] Cracks showing in Polish ruling coalition over EU budget veto
[2020-12-04 07:10:10] UBS appoints Sabine Keller-Busse as president of Swiss unit
[2020-12-03 23:15:10] Factbox-The Biden Cabinet: President-elect begins to build a team
[2020-11-28 16:25:14] Factbox: The Biden Cabinet - President-elect begins to build a team
[2020-11-28 09:05:17] Iranian president accuses Israel of killing nuclear scientist
[2020-11-24 22:25:10] Lame-duck president pardons turkey; Trump breaks post-election...
[2020-11-23 22:55:23] Michigan board of state canvassers certifies results of November...
[2020-11-23 21:50:24] Republican U.S. Senator Capito says presidential election result...
[2020-11-23 20:30:23] U.S. House committee chairman urges GSA to allow presidential...
[2020-11-21 21:05:20] Mexican president urges G20 to avoid debt, bailouts in pandemic
[2020-11-21 07:15:14] Two weeks after Biden named President-elect, Trump faces stinging setbacks
[2020-11-21 06:25:14] Panama court orders new trial for ex-President Martinelli in spying case
[2020-11-20 22:25:23] Georgia certifies Biden as winner of the presidential election in...
[2020-11-19 23:55:10] President-elect Biden has talked to Republican lawmakers, not...
[2020-11-19 22:45:09] President-elect Biden discussed nationwide mask mandate with...
[2020-11-19 18:40:07] Gulfstream president sees Q4 deliveries as planned despite global...
[2020-11-15 21:15:20] Pro-EU candidate Sandu on course to win Moldovan presidential...
[2020-11-13 20:00:16] U.S. President Trump to deliver update on Operation Warp Speed at...
[2020-11-13 15:00:13] Freddie Mac CEO Brickman to resign, company names interim...
[2020-11-13 03:40:26] Former China finance minister says U.S.-China frictions may not...
[2020-11-12 10:05:08] China will strive to achieve major tech breakthroughs: President...
[2020-11-12 02:20:15] Donations under $8K to Trump �election defense’ instead go to...
[2020-11-11 19:30:08] How the U.S. stock market has treated new presidents