Mexico is probing seven multinational companies, most of them American and some listed, to investigate whether they avoided paying their taxes amid an international crackdown, a top government tax official told Reuters. Oscar Molina, who lead audits of big companies at Mexico's tax collection agency SAT, said the seven firms, which cannot be identified for legal reasons, include Fortune 500 companies in the automotive, mining and retail industries. The majority are U.S. firms and are part of a pool of 270 multinationals that the agency has flagged for possibly skirting their tax obligations by shifting profits to countries with lower taxes despite having a big presence in Mexico, Molina said. The companies are cooperating with the probe and are providing information on their tax structures to the agency, he said. "It matters a lot to us that these companies change their structures to structures where the taxes they pay in Mexico are exactly right," Molina said in an interview
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