Unconstitutionality of the Amendments to the Energy Industry Law08 Mar 2024 |
Tax benefits for key sectors of the export industry20 Oct 2023On October 11th, 2023, the “Decree granting tax benefits to key sectors of the export industry comprising the immediate deduction of investments in fixed new assets and the additional deduction of staff training expenses” was published in the Official Gazette of the Federation, entering into force on October 12th, 2023. You can find the issues that we consider most relevant to this Decree here, although we recommend to review it individually to identify other issues that may be of interest and that are not discussed in this News Flash. |
Guidelines for Tehuantepec Isthmus Development Decree08 Sep 2023On September 1, 2023, the “Guidelines for granting tax benefits to taxpayers engaging in productive economic activities within the Development Poles for the Welfare of the Isthmus of Tehuantepec” were published in the Official Gazette of the Federation. The Guidelines entered into force on September 2, 2023. You can find the issues that we consider most relevant to this Decree here, although we recommend to review it individually to identify other issues that may be of interest and that are not discussed in this News Flash. |
Protocol amending the Agreement between Mexico and Germany to Avoid Double Taxation and Prevent Tax Evasion related to Income Tax15 Aug 2023On August 4th, 2023, the Federal Executive published in the Official Gazette of the Federation the “Decree enacting the Protocol Amending the Agreement dated July 9, 2008, between the United Mexican States and the Federal Republic of Germany for the Avoidance of Double Taxation and Tax Evasion with respect to Taxes on Income and Capital, executed at Mexico City on the eighth day of October, two thousand twenty one.” You can find the issues that we consider most relevant to this Protocol here, although we recommend to review it individually to identify other issues that may be of interest and that are not discussed in this News Flash. |
Protocol amending the Agreement between Mexico and Germany to Avoid Double Taxation and Prevent Tax Evasion related to Income Tax05 Jul 2023Recently the Federal Executive published in the Official Gazette of the Federation the “Decree approving the Protocol Amending the Agreement dated July 9, 2008, between the United Mexican States and the Federal Republic of Germany for the Avoidance of Double Taxation and Tax Evasion with respect to Taxes on Income and Capital, executed at Mexico City on the eighth day of October, two thousand twenty one”. You can find the issues that we consider most relevant to this Protocol here, although we recommend to review it individually to identify other issues that may be of interest and that are not discussed in this News Flash. |
Executive Branch publishes MLI Decree26 Jun 2023Recently the Executive Branch published in the Official Federal Gazette the “Decree that publishes the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting executed on November 24, 2016, in Paris, France”. The instrument was deposited by the Mexican Government before the Secretary-General of the Organization for Economic Co-operation and Development on March 15, 2023. You can find the issues that we consider most relevant to this Decree here, although we recommend to review it individually to identify other issues that may be of interest and that are not discussed in this News Flash. |
Decree Promoting Investment within the Development Poles for the Welfare of the Isthmus of Tehuantepec12 Jun 2023On June 5, 2023, the “Decree Promoting Investment by Taxpayers Engaging in Productive Economic Activities within the Development Poles for the Welfare of the Isthmus of Tehuantepec” was published in the Official Gazette of the Federation. The Decree contains reductions in both income tax and value-added tax for taxpayers engaged in productive economic activities within the Development Poles for the Welfare of the Isthmus of Tehuantepec. You can find the issues that we consider most relevant to this Decree here, although we recommend to review it individually to identify other issues that may be of interest and that are not discussed in this News Flash. |
Implementation on import restrictions for goods obtained under forced labor conditions12 Jun 2023On February 17, 2023, the Ministry of Economy and the Ministry of Labor and Social Welfare jointly published in the Official Gazette of the Federation the "Decision that establishes the goods whose importation are subject to regulation by the Ministry of Labor and Social Welfare", as well as its Sole Annex, which entered into force on May 18, 2023. The purpose of said Decision is to establish the goods whose importation will be subject to regulation by the Ministry of Labor and Social Welfare. Considering whether its production is totally or partially made using forced or compulsory labor of workers including minors, attending to its HTS code. |
Enactment of Mexican Mining Law Amendment09 May 2023On May 8, 2023, the Mexican Government enacted a Decree amending several provisions of the Mining Law, the Law on National Waters, the Law on Ecological Equilibrium and Environmental Protection and the General Law for the Prevention and Integral Management of Waste, regarding mining and water concessions. You can find the issues that we consider most relevant to this amendment here, although we recommend that it be reviewed individually in order to identify other issues that may be of interest and that are not discussed in this News Flash. |
Mexican Mining Law Reform Bill30 Mar 2023On March 28, 2023, the President of Mexico submitted before the Congress of the Union, a bill to reform the legal framework applicable to mining concessions. The bill intends to amend the Mining Law; the Law on National Waters; the Law on Ecological Balance and Environment Protection, and the General Law on Prevention and Integral Management of Waste. You can find the topics that we consider most relevant to this bill here, although we recommend that it be reviewed individually in order to identify other issues that may be of interest and that are not discussed in this News Flash. |
Mexico deposits before the OECD its instrument of ratification for the MLI16 Mar 2023On March 15, 2023, the Mexican government deposited before the OECD, its instrument of ratification for the MLI, which will enter into force on July 1st, 2023, and become effective and be applicable regarding withholding taxes and other taxes on January 1st, 2024. |
Executive Branch publishes adoption of MLI28 Nov 2022 |
USMCA energy policies controversy in Mexico21 Jul 2022On July 20, 2022, within the framework of the United States-Mexico-Canada Agreement (USMCA), the United States Trade Representatives and the Ministry of International Commerce of Canada, filed a request for the settlement of disputes in relation to energy policies of the Mexican Government, which have favored both the Federal Electricity Commission (CFE), and Petróleos Mexicanos (PEMEX) to the detriment of American and Canadian companies in that sector, thus, violating various commitments agreed by the countries through said trade agreement. You can find the topics that we consider most relevant to this publication here, although we recommend that it be reviewed individually in order to timely identify other topics that may be of interest and that are not discussed in this Informative Flash. |
Mexican Supreme Court discusses constitutionality of the Electric Industry Law08 Apr 2022On April 7th, 2022, Mexican Supreme Court discussed the constitutionality of the Electric Industry Law published on the Federal Official Gazette on March 9, 2021. The ruling draft that was discussed meant to rule over a constitutional challenge with general effects, but it was not reached the qualified majority (8 out of 11 justices). In such terms, the amendments to said Electric Industry Law are still in force. As well, each Amparo claim filed by individuals and legal entities will follow their own course. You can find the issues that we consider most relevant to this reform here, although we recommend that it be reviewed individually in order to identify other issues that may be of interest and that are not discussed in this News Flash. |
Mexican Supreme Court rules on cannabis for industrial use07 Dec 2021Last December 1st, the First Chamber of Mexico’s Supreme Court of Justice granted an amparo that ruled the unconstitutionality of several provisions of the General Health Law and the Federal Penal Code that prohibited the use of cannabis in industrial processes. Based on said resolution, the company that filed the amparo may now obtain the authorization for the planting, growing, cultivation and harvest of cannabis (hemp) which concentration is equal to, or less than 1% of Tetrahydrocannabinol (THC), the main psychoactive element of marijuana. Please find a synthesis with the most relevant information on the mentioned subject. |
Extension of Outsourcing-reform Deadlines31 Jul 2021In an extraordinary session of July 30th, 2021, the Mexican Congress agreed to extend to September 1st, 2021, the entry in force of the tax provisions and the transitory regime in labor and social security matters, in connection to the Amendments to the Outsourcing regime, published in the Official Gazette of the Federation on April 23rd, 2021. You can find a PDF version of this communication. |
Effective Income Tax Rates for Large Taxpayers – SAT14 Jun 2021Over the weekend, the Tax Administration Service (SAT) published on its website (sat.gob.mx) an analysis of the reference parameters of the effective income tax rates for the measurement of tax risks corresponding to 40 different activities within 5 economic sectors, based on the registry of large taxpayers. As always, we suggest that a particular review be carried out, taking into account the effective rate parameters used by the Tax Authority, which will allow to our clients to know their situation. You may find the topics that we consider the most relevant of said publication. |
Publication General Provisions Specialized Providers Registration24 May 2021Today, May 24th, 2021, one month after the entry into force of the outsourcing reform, the Agreement by which the general provisions for the registration of individuals or legal entities that provide specialized services or perform specialized works, as well as for those companies that provide services or works of a complementary or shared nature in the same business group, was published in the Official Gazette of the Federation, pursuant to Articles 13 and 15 of the Federal Labor Law. |
Publication of the Outsourcing Reform Decree24 Apr 2021On April 23, 2021, the Decree amending, adding and repealing provisions of several Federal laws, to prohibit outsourcing activities and regulate certain exceptions, was published in the Official Gazzette. Several changes were made to laws such as the Federal Labor Law, Social Security Law, Law of the Institute of the National Housing Fund for Workers, Federal Tax Code, Income Tax Law and Value Added Tax Law, among others. The relevant aspects of said amendments are analyzed in our News Flash. |
Mexico President´s office announces agreement on outsourcing initiative15 Apr 2021The President of Mexico met with representatives of both the private and the employee’s sectors, as well as congressmen and officers of the federal government to discuss several matters associated with the outsourcing bill. You can find the issues that we consider most relevant to the aforementioned meeting here, although we recommend that it be reviewed individually in order to identify other issues that may be of interest and that are not discussed in this Information Flash. |
Entry into force of the Mexican Electric Industry Bill23 Mar 2021On March 9, 2021, it was published in the Federal Official Gazette the bill that reforms the Electric Industry Law. |
Mexican Senate approves the Electric Industry Bill23 Mar 2021On March 2, 2021, the Mexican Senate approved the bill to reform the Electric Industry Law. Such bill was already sent to the Mexican President for its publication on the Federal Official Gazette, which is expected to happen within the next few days. |
Electric Industry Bill23 Mar 2021On January 29, 2021, the President of Mexico filed before the Mexican Congress a "preferential bill" procedure with a "Decree to reform the Electric Industry Law". |
Update: Reform Decree on Teleworking (Home Office)23 Mar 2021On January 11th, 2021, the decree of reforms and additions to the Federal Labor Law on Teleworking, approved last December by the Congress of the Union, was published in the Official Gazette of the Federation, which seeks, among others: to balance the labor relationship and private life of employees under this scheme, establish new obligations in terms of safety, health and prevention of professional risks and adapt Collective Bargaining Agreements that contemplate teleworking. |
Mar-2021. Entry into force of the Mexican Electric Industry Bill.10 Mar 2021Entry into force of the Mexican Electric Industry Bill. |
Mar-2021. Senate approves the Electric Industry Bill.03 Mar 2021Senate approves the Electric Industry Bill. |
Feb-2021. Electric Industry Bill.03 Feb 2021Electric Industry Bill. |
Jan-2021. Update: Reform Decree on Teleworking (Home Office) .11 Jan 2021Update: Reform Decree on Teleworking (Home Office) . |
Dic-2020. Reform Decree on Teleworking (Home Office).15 Dec 2020Reform Decree on Teleworking (Home Office). |
Dic-2020. An agreement regarding the outsourcing initiative was signed.10 Dec 2020An agreement regarding the outsourcing initiative was signed. |
Nov-2020. Outsourcing Reform Bill.13 Nov 2020Outsourcing Reform Bill. |
Nov-2020. 2021 Tax Amendments.13 Nov 20202021 Tax Amendments. |
Oct-2020. Elimination of outsourcing is anounced.28 Oct 2020Elimination of outsourcing is anounced. |
Sep-2020. Profit Sharing percentage determination.18 Sep 2020Profit Sharing percentage determination. |
Dic-2019. Relevant Topics of the 2020 Tax Reform.12 Dec 2019Relevant Topics of the 2020 Tax Reform. |
Oct-2019. Proposal of Reform of the Federal Labor Law - Substantial modifications to the outsourcing regime.25 Oct 2019Proposal of Reform of the Federal Labor Law - Substantial modifications to the outsourcing regime. |
Oct-2019. 2020 Tax-Reform Update.18 Oct 20192020 Tax-Reform Update. |
Sep-2019. Relevant topics of the Tax Reforms 2020.10 Sep 2019Relevant topics of the Tax Reforms 2020. |
Feb-2019. México does not renew steel import tariffs.08 Feb 2019México does not renew steel import tariffs. |
Jan-2019. Withholding on Corporate Bonds and Sale of Shares through IPOs.11 Jan 2019Withholding on Corporate Bonds and Sale of Shares through IPOs. |
Jan-2019. Tax incentives for Northern Border Region of Mexico.11 Jan 2019Tax incentives for Northern Border Region of Mexico. |
Mar-2019. Mexico renews import tariffs on steel products.Mexico renews import tariffs on steel products. |
May-2019. Decree repealing tax amnesties.Decree repealing tax amnesties. |
Jan-2002. Federal Tax Amendments 2002Federal Tax Amendments 2002 |
Jan-2004. Tax Rate of 4.9 on Interest Paid on Securities and to Foreign Investment BanksTax Rate of 4.9 on Interest Paid on Securities and to Foreign Investment Banks |
May-2004. Criteria of the Tax Administration Service Regarding Illegal Tax PracticesCriteria of the Tax Administration Service Regarding Illegal Tax Practices |
Jul-2004. Update to the Criteria on Illegal Tax PracticesUpdate to the Criteria on Illegal Tax Practices |
Sep-2004. 2005 Fiscal Reforms Bill2005 Fiscal Reforms Bill |
Jan-2005. Decree that Modifies Various Duties Contained in the Tariff of the General ImportDecree that Modifies Various Duties Contained in the Tariff of the General Import |
Apr-2005. Withholding on Certain Mexican-Placed, Public InstrumentsWithholding on Certain Mexican-Placed, Public Instruments |
Oct-2005. Thin Capitalization RulesThin Capitalization Rules |
Dec-2006. Amendments to Tax Laws for 2007Amendments to Tax Laws for 2007 |
Sep-2007. Tax Amendments for 2008Tax Amendments for 2008 |
Nov-2007. Rules for the enactment of the business flat taxRules for the enactment of the business flat tax |
Jun-2007. Proposed tax amendments for 2008Proposed tax amendments for 2008 |
Mar-2009. Repatriation of resources decreeRepatriation of resources decree |
May-2009. Measures benefitting Mexican industries affected by InfluenzaMeasures benefitting Mexican industries affected by Influenza |
Sep-2009. Amendments to Tax Laws for 2010Amendments to Tax Laws for 2010 |
Nov-2009. Amendments to Tax Laws for 2010 approved by the Mexican CongressAmendments to Tax Laws for 2010 approved by the Mexican Congress |
Jan-2011. Amendments to Tax Laws for 2011Amendments to Tax Laws for 2011 |
Sep-2011. Bill of Tax Amendments for 2012Bill of Tax Amendments for 2012 |
Dec-2011. Tax Bill 2012Tax Bill 2012 |
Jan-2004. Highlights of Amendments to the Mexican Tax LawsHighlights of Amendments to the Mexican Tax Laws |
Jan-2005. Law of Revenue of the Federation Decrees that Amend Several Tax ProvisionsLaw of Revenue of the Federation Decrees that Amend Several Tax Provisions |
Jan-2006. Mexican Tax Reforms 2006Mexican Tax Reforms 2006 |
Jul-2006. Highlights of Amendments to the Mexican Tax Laws_2006Highlights of Amendments to the Mexican Tax Laws_2006 |
Jan-2007. Law of Revenue of the Federation Decrees that Amend Several Tax Provisions_2007Law of Revenue of the Federation Decrees that Amend Several Tax Provisions_2007 |
Oct-2007. Tax Reform for 2008Tax Reform for 2008 |
Jan-2010. Tax Reform for 2010Tax Reform for 2010 |
Nov-2012. Labor reformLabor reform |
Dec-2012. Amendments to Labor LawAmendments to Labor Law |
Feb-2013. Regulations Tax Amnesty ProgramRegulations Tax Amnesty Program |
Ags-2013. Mexican tax authorities take action on BEPSMexican tax authorities take action on BEPS |
Ags-2013. Mexican tax authorities take action on BEPS.Mexican tax authorities take action on BEPS. |
Sep-2013. Mexico Energy Reform Bill.Mexico Energy Reform Bill. |
Sep-2013. Bill of Tax Amendments for 2014.Bill of Tax Amendments for 2014. |
Sep-2013. Bill of Tax Amendments for 2014Bill of Tax Amendments for 2014 |
Sep-2013. Bill of tax amendments - New tax regime for maquiladorasBill of tax amendments - New tax regime for maquiladoras |
Sep-2013. Bill of tax amendments - Real Estate InvestmentsBill of tax amendments - Real Estate Investments |
Sep-2013. Bill of tax amendments - Mining industryBill of tax amendments - Mining industry |
Sep-2013. Bill of tax amendments - Mining industry.Bill of tax amendments - Mining industry. |
Oct-2013. Bill of Tax Amendments for 2014 approved by Lower ChamberBill of Tax Amendments for 2014 approved by Lower Chamber |
Oct-2013. Bill of Tax Amendments for 2014 approved by Lower Chamber.Bill of Tax Amendments for 2014 approved by Lower Chamber. |
Dic-2013. Mexico Energy Reform Bill Approved.Mexico Energy Reform Bill Approved. |
Jun-2014. Mexico Secondary laws Energy Reform Bill.Mexico Secondary laws Energy Reform Bill. |
Oct-2014. Energy Reform.Energy Reform. |
Dec-2014. Administrative provisions for exploration and extraction of hydrocarbons.Administrative provisions for exploration and extraction of hydrocarbons. |
Sep-2015. Bill of Tax Amendments for 2016.Bill of Tax Amendments for 2016. |
Sep-2015. Energy and Infrastructure Investment Trust.Energy and Infrastructure Investment Trust. |
Apr-2016. Amendments to the FIBRA-E rules.Amendments to the FIBRA-E rules. |
Jan-2017. Repatriation of Resources.Repatriation of Resources. |
Jan-2017. Amending of Mexican Harmonized Tariff Schedule.Amending of Mexican Harmonized Tariff Schedule. |
Feb-2017. Repatriation of resources.Repatriation of resources. |
Apr-2017. Rules for filing of the Master, Local and Country by Country annual informative returns.Rules for filing of the Master, Local and Country by Country annual informative returns. |
Jul-2017. Repatriation of resources.Repatriation of resources. |
Sep-2017. Forms and frequent questions regarding transfer pricing informative tax returns.Forms and frequent questions regarding transfer pricing informative tax returns. |
Jun-2018. Mexican Retaliation to import duties imposed by the USA.Mexican Retaliation to import duties imposed by the USA. |
Nov-2018. CPTPP - Trans-Pacific Free Trade Agreement.CPTPP - Trans-Pacific Free Trade Agreement. |
Dic-2018. Mexico, USA and Canada formally sign USMCA.Mexico, USA and Canada formally sign USMCA. |
