Hasbro agrees to pay Mexican SAT $4.38 million over tax avoidance claims

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Hasbro agrees to pay Mexican SAT $4.38 million over tax avoidance claims

A spokesperson for US toy company Hasbro announced the company had agreed to pay the Mexican tax authorities (SAT) $65 million ($US 4.38 million) to settle tax avoidance claims. Hasbro is unlikely to be the only multinational to pay up.

In 2014, the SAT announced it was investigating 270 multinationals that, it alleged, had been exploiting legal loopholes to pay less tax in Mexico than was owed, considering the profits made in the country.

Hasbro was investigated by the SAT over its tax arrangements between 2000 and 2013.

The toy company was first reported to be included in the SAT’s investigations in September 2014, along with Procter & Gamble.

In December, the SAT announced it had reached an agreement with an unnamed multinational for a sum equivalent or close to 55% of the company’s sales for one fiscal year.

On February 4, Hasbro announced it had agreed to pay the SAT $65 million ($US 4.38 million) over the tax avoidance claims.

When contacted, the SAT refused to comment on the deal.

more across site & shared bottom lb ros

More from across our site

An OECD report on taxation of the digital economy is expected by the end of 2026, according to the group of nations
Trophy assets are evolving from personal indulgences to structured investments, prompting family offices to prioritise tax efficiency, governance discipline, and cross-border compliance
As demand for complex, cross-border private client counsel spikes, Patrick McCormick sees opportunity in starting from scratch
As part of an exclusive global alliance, KPMG will become one of Anthropic’s ‘preferred consultants’ for private equity
In the second part of this series, the focus shifts to how taxpayers can manage ongoing risks across the lifecycle of cross-border structures
Jurisdictions have moved to ensure that multinationals are not punished for late GIR filings due to a lack of available filing portals or exchange relationships
HMRC’s push for unified tax adviser registration won’t prevent every instance of improper conduct, but it is good for taxpayers and the UK’s reputation
Elsewhere, the UAE’s tax office has issued an update on registration penalties and two firms have been busy making lateral hires
The case sits within a context of Brazil signalling that it is replacing informal discretion and ambiguity with structures that reward analytical rigour, one expert tells ITR
Jeff Soar lifts the lid on WTS UK’s ambitious recruitment plans, the firm's positioning against the big four, and why tax is the perfect profession for AI
Gift this article