PEMEX’s debt: its absorption by the SHCP to convert it into sovereign debt and its fiscal implications
At a press conference held last Friday, January 27, 2023, President Andrés Manuel López Obrador announced measures whereby the Ministry of Finance and Public Credit (“SHCP”) would convert part of Pemex’s debt with various lenders into a sovereign debt, which implies that the State will pay part of the debt, providing support to such state-owned […]
Tax Treatment of the Assignment of Trademarks between Related Parties
In the regular framework of the operations of the main multinational companies, one of the most important aspects is the development and exploitation of trademarks, which for tax purposes are considered intangible assets.
Balances in favor of Taxpayers. The budget not contemplated in the Economic Package for fiscal year 2022
As every year, on September 8, the President of Mexico, through the Ministry of Finance and Public Credit, presented to the Mexican Congress the Economic Package for fiscal year 2022. After a series of night sessions, in which legislators cast their votes on the draft laws and reforms, finally, on November 12, 2021, the following […]