Mexico’s Grupo Salinas Says It Paid US$18.8 Billion in Taxes and Declares Feud Closed

Grupo Salinas, a Mexican conglomerate led by billionaire Ricardo Salinas Pliego, has disclosed official tax receipts showing that the group has paid a total of 319 billion pesos (US$18.8 billion) in taxes since 2005. The company presented these receipts on its website as evidence of its commitment to paying taxes and as proof that its decade-long tax dispute with the Mexican government has been resolved.

The payments have been cumulative over the 21-year period, with the most recent being from January to July 2026, amounting to 36.6 billion pesos (US$2.16 billion). Grupo Salinas also mentioned that an additional 5.9 billion pesos (US$348 million) in litigation-related payments are due by the end of the year. The tax dispute primarily involved Grupo Elektra, a retail and banking arm of the conglomerate, which settled 100% of its disputed tax liabilities in January 2026.

Grupo Salinas argues that the tax authority charged the same accounting base twice, in fiscal consolidation and share-sale loss operations, a claim that was rejected by Mexico's federal courts. The company's dispute with the government had been ongoing for over a decade, with former President Andrés Manuel López Obrador repeatedly targeting its companies in press conferences.

However, with the final court rulings in early 2026, the company began paying its taxes immediately. The announcement of the tax payments is intended to move the debate onto auditable ground and demonstrate the group's compliance with tax obligations.