Compartamos Bank denies tax debt of 1,238 million pesos

The Tax Administration Service (SAT) determined that Compartamos Banco received a tax credit of 1,238 million pesos for alleged non-compliance with tax obligations in 2015 and 2016; However, the bank announced that it will defend itself.

After analyzing with our advisors, Compartamos considers that it has solid elements to demonstrate that the tax credits were issued in violation of the applicable legal and administrative provisions, so it will resort to the respective means of defense.said the financial institution.

In a statement released through the Mexican Stock Exchange (BMV) to its investors, Compartamos stated that it is a credit institution of recognized solvency and therefore does not have to guarantee any obligation in terms of the provisions of the Credit Institutions Law. Credit.

At the same time, he stated that, based on the respective information standards, Neither Gentera nor Compartamos will proceed to make any reservation for the aforementioned contingent liability..