New 6% IVA withholding tax

Our partner Rafael Tena Castro was invited to be part of the Committee for the ninth edition of the specialized publication “Legal”, a supplement of the newspaper El Economista in collaboration with vLex.
New regulations for the Federal Consumer Protection Law

Last December 19, 2019, the new regulations of the Federal Consumer Protection Law (the “New Regulations”) were published in the Official Gazette of the Federation, abrogating the current regulations, enacted in 2006 (hereinafter, the “Abrogated Regulations”).
National Infrastructure Investment Agreement with the Private Sector

The full publication of the National Infrastructure Plan will be announced at the beginning of 2020.
The National Infrastructure Information System is created

On October 28, 2019, the Guidelines for the delivery, registration and consultation of information for the conformation of the National Infrastructure Information System (the “SNII”), which were previously approved by the Plenary of the Federal Telecommunications Institute (the “Guidelines”), were published in the Official Gazette of the Federation.
Jurisdiction to settle a dispute arising from adhesion banking contracts

Practically all existing legal relationships between banking service providers and their customers are governed by the provisions of adhesion contracts, which the Federal Consumer Protection Law defines as the formats in which a provider unilaterally determines the terms and conditions to be applied to the provision of a service, i.e., customers or users acquire certain […]
Acedo Santamarina “Ten years of recognition”.

For the tenth consecutive year, Acedo Santamarina, S.C. was recognized by The Legal 500 (Latin America Guide 2019), Chambers and Partners and Who’s Who Legal as one of the best law firms in Mexico.
The deadline for Financial Technology Institutions (the “FTIs”) to submit their application to the National Banking and Securities Commission (CNBV) has expired.

In 2013, the Mexican authorities were questioned regarding the domestic regulatory process for FTTs, which prompted them, together with the industry itself, to study, explore and work on the creation of regulations that would address the national and international context in this area. In 2018, the Law to Regulate Financial Technology Institutions, better known as […]
Acedo Santamarina collaborates with “Sociedad Activa” to bring education and culture to agricultural fields in Sonora

As part of our firm’s social responsibility program, Acedo Santamarina signed a collaboration agreement with Appleeseed Mexico, which will provide pro bono legal services to civil society organizations that seek to positively impact our community.
Increase in the IEPS rate

Pursuant to the provisions of Article 74, Section IV, second paragraph of the Political Constitution of the United Mexican States, the Federal Executive shall submit to the Chamber of Deputies the Income Law Initiative and the Federal Expenditure Budget Bill no later than September 8, and the corresponding Secretary of State shall appear before the […]
Possibility of not paying fines resulting from the declaration of nullity or revocation of the administrative act.

On April 30, 2019, the Tax Administration Service published Annex 7 of the Miscellaneous Tax Resolution, which contains the regulatory criterion 17/CFF/N under the heading: “Declaration of plain and simple nullity or the revocation of the corresponding resolution does not detract from spontaneous compliance”.