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Turanzas, Bravo & Ambrosi
 
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Tel: +52 55 5081 4590
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Paseo de los Tamarindos No. 100, Piso 3
Bosques de las Lomas
Unknown
D.F. 05120
Mexico
By Turanzas, Bravo & Ambrosi
Article 64 of the LISH provides that a PE is created whenever ever a resident abroad for tax purposes carries on with activities under the LH in Mexican territory or the exclusive economic zone over which Mexico has jurisdiction.
By Turanzas, Bravo & Ambrosi
Article 33 of the LISH provides that acts or activities that cause VAT for which Considerations set forth in the Contracts for Exploration and Extraction of Hydrocarbons must be paid, shall be subject to the 0% rate...
By Turanzas, Bravo & Ambrosi
Accruable income from the Exploration and Extraction of Hydrocarbons are the considerations received according to the nature of each of the Contracts in which Contractors take part...
By Turanzas, Bravo & Ambrosi
We have said that as a result of the Energy Reform, PEMEX changed its legal nature from a decentralized state-owned company (organismo descentralizado) to an EPE.
By Turanzas, Bravo & Ambrosi
The recently enacted energy reform marks a landmark in Mexico's governmental stance in this matter.
By Turanzas, Bravo & Ambrosi
The regime of tax-based and non-tax-based income for activities in connection with the Exploration and Extraction of Hydrocarbons is established mainly by the LISH, the LPEMEX, and their corresponding regulations.