NEARSHORING: DECREE GRANTING TAX INCENTIVES TO KEY SECTORS OF THE EXPORT INDUSTRY
The October 11, 2023 Mexican Federal Official Gazette contains the “Decree granting tax incentives to key sectors of the export industry consisting of the immediate deduction of the investment in new fixed assets and the additional deduction of training expenses” (hereinafter, the “Decree”), effective as of October 12, 2023. This Decree grants tax incentives for […]
THE TAX ADMINISTRATION SERVICE POSTPONED THE APPLICATION OF PENALTIES RELATED TO THE CARTA PORTE COMPLEMENT OBLIGATIONS
Last July 16, 2023, the Mexican Tax Administration Service (“SAT” per its acronym in Spanish) published on its website the First Anticipated Version of the Sixth Resolution of Modifications to the Miscellaneous Tax Resolution for 2023, which in its Tenth transitory article, informed that it will no longer be as of August 1st, 2023, that […]
Obligations of the Carta Porte Complement and its validation by the Mexican Supreme Justice Court
Last June 7, 2023, the Second Chamber of the Supreme Justice Court (“SCJN” per its acronym in Spanish) validated the modifications made to the Federal Fiscal Code that entitles the Tax Administration Service (“SAT” per its acronym in Spanish) to establish the rules for issuing Digital invoices (“CFDI” per its acronym in Spanish) with the […]
Tax benefits for taxpayers engaged in productive activities in the Interoceanic Corridor of Tehuantepec Isthmus
On June 5, 2023, the “Decree to promote the investment of taxpayers engaged in economically productive activities within the Development Poles for the Welfare of the Tehuantepec Isthmus” (the “Decree”) was published in the Official Gazette of the Federation (per its acronym in Spanish “DOF”). The purpose of the Decree is to establish tax benefits […]
Constitutional protection is granted to a taxpayer against misinterpretation and application of a Customs Ruling that denied a refund for undue payment of customs processing fees (“Derecho de Trámite Aduanero”) paid when importing goods under an international trade agreement.
Recently a Collegiate Court in Administrative Matters granted constitutional protection (“Amparo”) in favor of a taxpayer of the automotive sector, recognizing its right to obtain the refund of the amount unduly paid as custom processing fees (Derecho de Trámite Aduanero or “DTA”), in accordance with Article 22 of the Federal Fiscal Code. The background of […]
Tax Reform 2022
On November 12, 2021, the Decree amending, adding and repealing several provisions of the Income Tax Law, the Value Added Tax Law, the Special Tax on Production and Services Law, the Federal New Automobile Tax Law, the Federal Tax Code and other laws (the “Decree”) was published in the Official Gazette of the Federation (“DOF”), […]
Reforms to the Tax Legislation on subcontracting matters
On April 23, 2021, a Decree was published in the Official Gazette of the Federation (“DOF”) amending, adding and repealing several provisions of the Federal Labor Law; the Social Security Law; the Law of the National Workers’ Housing Fund Institute; the Federal Tax Code (“CFF”); of the Income Tax Law (“LISR”); of the Value Added […]
Tax Reform 2021
On December 8, 2020, the Decree amending, adding and repealing several provisions of the Income Tax Law, the Value Added Tax Law and the Federal Tax Code (the “Decree”) was published in the Official Gazette of the Federation (“DOF”), which became effective on January 1, 2021.
The PJF definitively confirms the legality and constitutionality of the tender for the Shared Telecommunications Network.
The constitutional reform on telecommunications, published in June 2013, established the obligation for the federal executive to install a shared wholesale public network.
COFECE files constitutional controversy
On June 22, 2020, the Federal Economic Competition Commission (“COFECE”) issued a statement informing that it filed before the Supreme Court of Justice of the Nation (“SCJN”), a constitutional controversy against the Agreement issuing the Reliability, Safety, Continuity and Quality Policy in the National Electric System, issued by the Ministry of Energy, published in the […]