Tyson (TSN), a meat company, is now quantifying the tax bill it recently received from Mexican tax authorities. In its latest annual report, Tyson says Mexico wants $411 million, including interest and penalties related to the company’s 2015 sale of its interest in two subsidiaries. Tyson says it’s appealing the assessment and acknowledges:

“... we have not recorded a liability related to the issue.”

The tax bill is the equivalent of 12.6% of Tyson’s FY22 net income.