Current environment of transfer pricing controversy in Mexico

Transfer pricing has become a major tax topic in Mexico’s tax audits. Multinational companies (MNEs) are starting to view this issue not only as a mere compliance requirement but as a strategic risk assessment area within the Company’s tax division

19/07/2017 Yoshio Uehara, Chevez Ruiz Zamarripa, Mexico Tania Ruiz, Chevez Ruiz Zamarripa, Mexico

Mexico publishes final master file, local file, and CbC report rules

Mexico’s Tax Administration Service (SAT) on 12 April published on its website the final compliance rules regulating the contents and filing of the master file, local file, and country-by-country (CbC) report, as well as a report on the public consultation conducted by the Taxpayer’s Ombudsman...

17/07/2017 Simón Somohano, Deloitte, Mexico Arturo Vela, Deloitte, Mexico Kaidi Liu, Deloitte, US

Jurisdiction of Antitrust Authorities in Mexico, a follow-up: the case of AT&T’s acquisition of Time Warner (the second precedent)

In the 2016 edition of LMG Rising Stars 2016, we analysed the implications and reasoning set forth in the ruling issued by the Mexican Second Collegiate Circuit Court specialized in competition, broadcasting and telecommunications matters (the “Circuit Court”) in the context of the Nokia /...

03/07/2017 Luis Gerardo García Santos Coy, Creel García-Cuéllar Aiza y Enríquez, Mexico Jorge Kargl Pavia, Creel García-Cuéllar Aiza y Enríquez, Mexico Mauricio Serralde Rodríguez, Creel García-Cuéllar Aiza y Enríquez, Mexico

Refreshment of the Mexican patent system at risk if TPP dies

The existing Mexican patent legal framework was enacted in the early 1990’s mainly as response to Mexico entering into the North American Free Trade Agreement (NAFTA) and TRIPS

29/03/2017 Victor Garrido, Dumont Bergman Bider, Mexico

Mexico: International trade developments 2015 – 2016 and beyond

For the past twenty or so years, Mexico has been active in the international trade arena

24/01/2017 Horacio A López-Portillo, Vázquez Tercero y Zepeda, Mexico

Reconsidering the figure of FICAP as a vehicle for private equity investments in Mexico

In view of the current macroeconomic conditions worldwide (specifically the uncertainty in certain economic regions such as Europe and Asia) it is possible to imagine that international investors might turn their interest to a country like Mexico, as one of the most stable developing countries in...

04/08/2016 Manuel E Tron, SMPS Legal, Mexico Federico Scheffler, SMPS Legal, Mexico

Finally, a Trademark opposition system for Mexico

On June 1, 2016, the bill implementing the opposition system in Mexico was published in the Official Gazette

23/06/2016 Juan Carlos Hernandez Campos, Basham Ringe y Correa, Mexico

The TPP and Patent Rights in Mexico

Karla Islas from Dumont, Bergman Bider, S.C., briefly explore the possible impact of the Trans-Pacific Partnership Agreement dispositions in the patent industry in Mexico.

23/06/2016 Karla Islas Ortega, Herrero & Asociados, Spain

Jurisdiction of Antitrust Authorities in Mexico: The case of the Nokia / Alcatel-Lucent merger

In Mexico (as in other jurisdictions), certain transactions require approval on behalf of the antitrust authorities prior to their execution. In this regard, the analysis of a concentration is carried out by either of two different authorities: the Federal Institute of Telecommunications (“IFT”),...

23/06/2016 Luis Gerardo García Santos Coy, Creel García-Cuéllar Aiza y Enríquez, Mexico Jorge Kargl Pavia, Creel García-Cuéllar Aiza y Enríquez, Mexico Mauricio Serralde Rodríguez, Creel García-Cuéllar Aiza y Enríquez, Mexico

The New Era of the Mexican Antitrust Legal System

It does not matter the size or line of business of your company, the new antitrust system is something you should take into consideration when doing business in Mexico.

Background

On December 2, 2012 the "Pacto for México" (political agreement among the three main political forces) to achieve the...

11/02/2016 Luis Alberto Aziz Checa, SAI Consultores, Mexico Ismael Henestrosa, Aziz & Kaye, Mexico

Mexico implements country-by-country report and provides exemption from thin capitalization rules

Mexico's president on 8 September sent to Congress an economic package that includes proposed amendments to the Income Tax Law (ITL) and the Federal Fiscal Code (FFC) with transfer pricing implications. According to the legislation's explanatory memorandum, the goal is to incorporate the BEPS agenda...

30/09/2015 Simón Somohano, Deloitte, Mexico Jorge Mesta Espinosa, Deloitte, Mexico

Q&A with Karla Islas

What are the most valuable features of your firm's career development programme and how does it help you in your professional growth?

Over the last years Dumont has taken into account the importance of offering comprehensive training and career development programs, since every professional that may...

24/06/2015 Karla Islas Ortega, Herrero & Asociados, Spain

Recent developments in the Mexican oil and gas sector

Background

The energy sector in Mexico has been completely overhauled since the Constitutional energy reform of December 2013, subsequently with the new implementing legislation enacted in mid-2014, the new regulations issued in October and November 2014 and the implementing guidelines and...

14/04/2015 Nicolás Borda Barrero, Haynes and Boone, Mexico Rodrigo Vazquez del Mercado, Greenberg Traurig, Mexico

Energy reform in Mexico

By the time the reader is reading this article, the so called impossible energy reform will have been approved by the Mexican congress.

This is a historical moment, since in most of the 20th century and what has passed of the 21st Century, the Mexican energy sector has been ruled by two government...

01/09/2014 Roberto Hernández-García, Comad, Mexico

Mexico tax authorities extend restructuring period for maquiladoras

Mexico's Tax Administration Service published revised administrative rules on 4 July 2014 that extend the period for maquiladoras to restructure their operations to meet the requirement that all of their income from productive activities be derived exclusively from maquiladora operations. The rules...

01/09/2014 Eduardo Barron, Deloitte, Mexico Gonzalo Gomez, Deloitte, Mexico Hector Vega, Deloitte, Mexico

Fiscal reform and transfer pricing – An opportunity for Mexico

Why is fiscal reform needed in Mexico?

To date, tax reforms have paid off and allowed Mexico to achieve an enviable level of macroeconomic and financial stability. However, according to the OECD, Mexico's public finances are facing increasing pressure from higher pensions, social expenditures,...

01/09/2013 Simon Somohano, Deloitte, Mexico

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