A fast food chain that runs KFC and Pizza Hut did not want to pay ISR; The SCJN denies them protection

by times news cr

2024-04-09 09:18:40

The Supreme Court of Justice of the Nation (SCJN) denied a protection to the fast food chain that runs KFC y Pizza Hut, what is it about? We give you details of the conglomerate that did not want to pay Income Tax (ISR).

This resolution was ruled by the Second Chamber of SCJN, after the project was handed over to the minister Lenia Batres Guadarramawho calls himself “the people’s minister.”

It is worth remembering that President Andrés Manuel López Obrador (AMLO) has been reiterative in that his government does not take its finger off the line so that large companies pay taxes corresponding to the Tax Administration Service (SAT).

Now, this large chain that runs fast food companies like KFC y Pizza Hutamong others, lost the legal battle y you will have to pay ISR; Find out which was the emporium to which the SCJN denied protection.

KFC Restaurant (Unsplash)

This fast food chain lost the battle and will have to pay ISR: SCJN denies protection

The fast food chain which has franchises such as KFC and Pizza Hut under its empire, is Yum! Restaurants International, better known as Yum! Brandswhich sought to obtain a protection to avoid paying ISR, which was prevented by the SCJN.

This multinational company intended to pay 2 thousand 6 million 655 thousand pesos, amount that had to be provided for ISR.

And this fast food chain would have supported through the Ninth District Court in Administrative Matters in Mexico City (CDMX).

Issue that was stopped by the SCJN, after the project led by Minister Lenia Batres Guadarrama was approved by four votes.

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SCJN (CUARTOSCURO.COM / Supreme Court of Justice of the Nation)

What companies does Yum! Brands, a fast food chain that wanted to avoid paying ISR?

In addition to KFC y Pizza Hutthe fast food chain who wanted to avoid paying ISR (Yum! Brands), manages other well-known brands internationally.

This is a multinational company which has its headquarters in the Louisville, Kentucky region of USA.

Going back in its history, this conglomerate was founded on May 30, 1997, whose initial name was Tricon Global Restaurants.

These are some of the companies that make up the large fast food chain that sought to evade taxes:

  • KFC
  • Pizza Hut
  • Taco Bell
  • Dong Fang Ji Bai
  • Little Sheep Hot Pot
  • Peter Piper Pizza
  • Little Caesars

What is the ISR, the tax that companies avoid?

He ISR it’s a tax that they must contribute mandatory Both natural or legal persons that generate income in the country.

According to SATthe ISR, which I tried to evade the conglomerate that manages KFC y Pizza Hutamong others, is defined as:

  • “Contribution that taxes the income of natural or legal persons residing in the country, as well as of persons residing abroad for income attributable to their permanent establishments located in national territory or those that come from a source of wealth located in the country. ”

It should be noted that regardless of where any company comes from, the ISR must be paid by the natural and legal persons who reside in Mexico.

Fast food restaurant chain sought to evade taxes

Fast food restaurant chain sought to evade taxes
(Pixabay)

2024-04-09 09:18:40

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