'Nothing to hide, nothing to fear,' Mexican president says of tax evasion crackdown

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'Nothing to hide, nothing to fear,' Mexican president says of tax evasion crackdown
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Mexico's president said on Thursday that spy tactics could be used to fight...

MEXICO CITY - Mexico’s president said on Thursday that spy tactics could be used to fight tax evasion, after such violations were classified as serious crimes on the order of corruption and homicide, and he brushed off critiques of overreach.

Individuals who use fake invoices and receipts could serve up to nine years of prison. Offenders who are government officials could lose their right to public office for up to 10 years. Mexico’s CCE business lobby criticized the crackdown, saying it was vague and could deter investment. Mexico’s overall tax take is the lowest out of 36 nations in the Organization for Economic Co-operation and Development .

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