Pemex must to the government 105% of taxes

National
The petroleum of Mexico always in fiscal deficit
Pemex must to the government 105% of taxes
By: Carlos Damián October 20, 2010
From 1985 are generated companies that they are would be of the official control
México.- The taxes payment, rights, utilizations that made Mexican Oils (Pemex) to the federal government during the first four months of the year registered an increase of 105% respect of the same lapse of 2009. In the period added 15 thousand 505.5 million of paid dollars, informed the Bank of Mexico (BdeM). In so much, reports on the financial balance of the own oil report a deficit of 2 thousand 817.93 million in the same period, result of the high fiscal load that maintains the government of Mexico.

Resulted of the balance at the first four months of the year contrasts with the surplus achieved in the same lapse of 2009, when obtained a positive balance of 141 million. The information is registered by Pemex in their primary Balance and financial balance, and also it is withdrawal by the Bank of Mexico to elaborate their statistics on public finances. This balance of Pemex where is shown the removed information month with month, in January the balance before taxes, rights and utilizations was of 2 thousand 976 millions of dollars, but must pay 5 thousand 024.13 million. This threw a negative figure of 2thousand 048.2 million only in the take-off of the year. February is the only one month that throws a positive balance.

In 2008 Pemex achieved the highest primary balance of its history in a first tetramester, but suffered a collapse from 55 percent. For the same period of 2010 achieved a recovery of the 44 percent but finally the fiscal load transformed that positive balance into negative. The income of Pemex by its sales to The States market grew 40.7 percent in the first tetramester of 2010, thanks to the increase of international prices of the crude. The increase of the oil income of Mexico helped country to register a monthly commercial surplus on United States by 5 thousand 325 million of dollars.

Only China exceeded to Mexico with a surplus of 16 thousand 759 million of dollars. Mexico to export to United States 123.9 million of barrels in the first tetramester of 2010, with something which is put as supplying crude oil second to The States by volume, after Canada, that it has exported 216 million of barrels.

Subsidiary companies operate would be of the control of the law
As around the beginning of 1986, three years of the take-off of the neoliberal policies in Mexico, Pemex began the strategy of creating subsidiary companies that operate would be of the control of the inspection organs of the Congress of the Union and of the Mexican legislation. Since then each government in shift has followed the same practical by opaqueness in the opening by 16 subsidiaries devoted to market crude, to offer advising and service.

These subsidiary companies are found located in nine countries of Europe, North America and the Caribbean, of those which three are considered fiscal paradises: Cayman Islands, Luxembourg and Bahamas. In May 27, 1985, during the administration of the president Miguel de la Madrid, Pemex constituted in London, England, the subsidiary Pemex Services Europe Limited for the services presentation as promotion, liaison, consultancy, related to oil industry, including the European and world market of the crude and petrochemical products and of gas, and to act as representative of the companies, devoted to the extraction, development and sale of these products the world over.

Thereinafter , between 1987 and 1988 established other subsidiary in Amsterdam, designated Holland PMI Services BV, whose purpose is "to lend services to other companies, to establish it, to participate, to have interest, to finance and to administer other commercial companies of any nature ; to take and to make loans as well as to provide guarantees, including for third party obligations, the same as any objective other that could be related or driven to the previous, and furthermore to participate in leading the administration and to finance other companies of any nature".

In January 13, 1993 are created other designated subsidiary PMI North America, with an initial capital of 3 thousand 333 dollars. Between the counselors emphasize Pedro Haas Garcia, ex official of PMI International Trade; Marcos Romero Silva, ex directing of Pemex Gas and Petrochemical Basic, and José María Zubiria Maqueo, ex directing of finances of PMI International Trade and thereinafter chief of the Administration Service Tributary (SAT), dependent of the Estate Secretariat.

These are some examples of the legal financial studding whereby various companies of Pemex remain it exempt of the inspection of the Congress, by be constituted as private entities. (La Jornada, economia, p. 22, July 13, 2010).