Similar to the controlling beneficiary regulation in Mexico, next year the United States will enter into force a new obligation for most U.S. companies, including those with Mexican shareholders, to report information about...more
1/2/2024
/ Beneficial Owner ,
Compliance ,
Control Test ,
Corporate Entities ,
Corporate Transparency Act ,
Exemptions ,
Foreign Nationals ,
Mexico ,
Private Foundations ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Trusts
De acuerdo con la Cuarta Resolución de Modificaciones a las Reglas Generales de Comercio Exterior para 2023 en México, las empresas con certificación del Impuesto al Valor Agregado (IVA) e Impuesto Especial sobre Producción y...more
The advent of the United States-Mexico-Canada Agreement (USMCA), along with recent disruptions to global supply chains, has generated opportunities once again to relocate business and manufacturing operations closer to the...more
More than 135 jurisdictions since October 2021 have joined a groundbreaking plan to address certain tax challenges of the new digital and global economy. The plan consists of a Two-Pillar Solution to update key rules of the...more
Dr. Rogelio Ramírez de la O, Secretario de Hacienda y Crédito Público de México, el 8 de septiembre de 2023, presentó ante la Cámara de Diputados el Paquete Económico para el 2024 (PE 2024), mismo que no contempla aumentos,...more
Although no major tax reform was adopted in Mexico as part of the 2023 Economic Package, changes at an international level and some being brought at the regulatory level could have significant implications for different...more
1/13/2023
/ Anti-Avoidance ,
Corporate Taxes ,
Foreign Corporations ,
Foreign Investment ,
Foreign Nationals ,
Investors ,
Mexico ,
Mortgage REITS ,
Multinationals ,
Publicly-Traded Companies ,
REIT ,
Tax Rates ,
Tax Treaty
El Pleno de la Suprema Corte de Justicia de la Nación (SCJN) de México, el 24 de noviembre de 2022, resolvió la Acción de Inconstitucionalidad 130/2019 y su acumulada 136/2019 en la que se determinó mantener la prisión...more
Los siguientes son aspectos relevantes de la iniciativa presentada el 7 de septiembre del 2021, por el Ejecutivo Federal de México, que reforma, adiciona y deroga entre otros ordenamientos, la Ley del Impuesto sobre la Renta,...more
El gobierno de México, el 7 de septiembre del 2021, presentó la Iniciativa del Decreto por el que se reforman, adicionan y derogan diversas disposiciones de la Ley del Impuesto sobre la Renta, de la Ley del Impuesto al Valor...more
Tras la culminación del proyecto Erosión de la Base Desplazamiento de Beneficios (Base Erosion Profit Shifting o BEPS) en 2017, proyecto creado para combatir la erosión de la base gravable y estrategias para la transferencia...more
El pasado 19 de abril, se presentó al Senado de México el Dictamen en sentido positivo sobre el Proyecto de Decreto por el que se reforman, adicionan y derogan diversas disposiciones, de la Ley Federal del Trabajo; de la Ley...more
These unusual times have called for unprecedented measures. Governments all over the world have been forced to ban travel, place strict quarantine requirements and grant tax benefits of some sort in an effort to alleviate the...more
On April 3, 2020, the Third District Court of the State of San Luis Potosí, Mexico, granted a suspension in amparo Case Number 293/2020, in which Andres Manuel Lopez Obrador, President of the United Mexican States, is ordered...more
A Presidential Decree by Mexico President Andrés Manuel López Obrador granting a new set of income tax incentives to capital gains and interests derived from corporate bonds (the Decree) became effective on Jan. 9,...more
1/15/2019
/ Capital Gains ,
Corporate Bonds ,
Debt Securities ,
Foreign Exchanges ,
Income Taxes ,
Initial Public Offering (IPO) ,
Interest Rates ,
International Tax Issues ,
Investors ,
Mexico ,
Presidential Decrees ,
Private Equity ,
Publicly-Traded Companies ,
Tax Incentives ,
Tax Rates
A Presidential Decree establishing a new set of income tax and value-added tax (VAT) incentives in Mexico's North Border Region became effective on Jan. 1, 2019.
Income Tax -
Eligible Persons -
1. Individuals and...more
El 1 de enero de 2019 entró en vigor el Decreto de Estímulos Fiscales de la Región Fronteriza Norte (Decreto) el cual otorga ciertos beneficios en materia del impuesto sobre la renta (ISR) y del impuesto al valor agregado...more
• A Mexican political party, Party of the Democratic Revolution (PRD), recently added Mexico to the global debate as to whether or not a digital services tax should be imposed on companies providing digital services,...more
El anteproyecto de la Ley de Ingresos de la Federación para el ejercicio 2019 (LIF), contemplaría la condonación total o parcial de ciertos créditos fiscales sobre contribuciones federales y sus accesorios, el perdón de hasta...more
El 8 de agosto de 2018 pasado se presentó una Iniciativa con Proyecto de Decreto que reforma la Ley del Impuesto sobre la Renta en México (LISR) a fin de gravar las herencias, legados y donaciones.
La reforma fue propuesta...more
• As noted in Part 1 of this series, new H.R. 1, informally known as the Tax Cuts and Jobs Act (Tax Act), has been the most important change to the U.S. tax code in a generation.
• In Part 2, this client alert continues to...more
7/25/2018
/ Capital Losses ,
Carried Interest ,
Corporate Taxes ,
Depreciation ,
FIRPTA ,
Foreign Corporations ,
Foreign Direct Investment ,
Foreign Subsidiaries ,
General Partner ,
Income Taxes ,
Intangible Property ,
Interest Payments ,
IRS ,
Limited Liability Company (LLC) ,
Mexico ,
Multinationals ,
Partnership Interests ,
Partnerships ,
Pass-Through Entities ,
Pension Funds ,
Real Estate Investments ,
Rental Income ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Taxable Distributions ,
Transfer of Assets
• The Tax Cuts and Jobs Act (Tax Act), signed into law on Dec. 22, 2017, made significant changes to the manner in which U.S. corporate and individual taxpayers are taxed on income from international operations.
• The Tax...more
7/23/2018
/ Base Erosion Tax ,
Controlled Foreign Corporations ,
Corporate Structures ,
Corporate Taxes ,
Dividends ,
Financing ,
Foreign Corporations ,
Foreign Derived Intangible Income (FDII) ,
Foreign Direct Investment ,
Foreign Subsidiaries ,
Foreign Tax ,
Foreign Tax Credits ,
GILTI tax ,
Income Taxes ,
Internal Revenue Code (IRC) ,
Investors ,
IRS ,
Mexico ,
Offshore Funds ,
Shareholders ,
Subpart F ,
Tax Cuts and Jobs Act ,
Tax Exemptions ,
Tax Liability ,
Tax Planning ,
Tax Rates ,
Tax Reform ,
Transition Tax