Mexico's SAT publishes list of false invoices as PRI pushes probe of political billboard financing

On July 10, Mexico's tax administration (SAT) released, via the Official Gazette, its first lists of taxpayers linked to presumed issuance of false electronic invoices (CFDI). Affected taxpayers have 30 days to file a complementary tax return; failure may lead to a temporary suspension of their digital seal certificates. The release follows recent economic data from the Treasury, highlighting Mexico's leading real‑wage growth among OECD members, a unemployment rate of 2.7% (the second‑lowest in the OECD), inflation at 3.6%, a record 22.8 million formal jobs, and historic exports of 723 billion pesos. The Treasury also published the “Renuncias Recaudatorias” report detailing tax revenue foregone through various fiscal incentives.

Separately, Alejandro Domínguez, the state president of the PRI, urged the SAT, the Secretariat of Finance, and the Financial Intelligence Unit to investigate the financing scheme behind large‑scale political billboard ads. He alleged that the source of funds for such advertisements—costing about 1.85 million pesos for 60 billboards—remains unclear and may violate election financing laws. Domínguez suggested filing a broad complaint with the National Electoral Institute to trigger further inquiry.

Both initiatives reflect heightened scrutiny of fiscal compliance and political financing in Mexico.