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Commentary Tax Mexico - Tax matters of the Economic Reform Package

09/15/2015
Commentaries

The Mexican Executive submitted a Tax Reform proposal to the Mexican Congress as part of the Economic Package for 2016.  The proposal honors the promise of the Executive to not increase taxes during the rest of their term, and includes certain benefits, although it does increase the compliance burden for Mexican companies and it notably includes country-by-country reporting obligations for Mexican entities in line with BEPS.

The main reasons behind the proposed tax amendments include promoting investment in strategic sectors, addressing the private sector’s requests for rules that allowed the immediate deduction of assets again, and fulfilling the commitments made within the framework of the OECD (BEPS). 

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