Last week Mexico's government presented the Economic Package
and Fiscal Miscellaneous for 2017. How will this affect businesses
that are operating or looking to operate in Mexico?
On September 8th, The Mexican Secretariat of Finance and Public
Credit ("Secretaría de Hacienda y Crédito
Público" in Spanish) presented the country's 2017
Economic Package to the Chamber of Deputies. The package does not
contemplate a significant reform on tax matters, but includes some
tax simplification measures, especially for SMEs. Some of the most
relevant changes are in relation to:
Federal Revenue Law
Corporate Income Tax Law
Value Added Tax Law (VAT)
Federal Fiscal Code
The congress will review the package until end of October to
take a decision by November 15 on whether to approve it or modify
Whether you want to incorporate your company or continue
managing successful operations in Mexico, it's vital that you
understand the local reforms and regulations so that your business
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
The first edition of the Argentina Business Investment Forum was held in Buenos Aires from September 12 through September 15 as an initiative of the Federal Government and was hosted by the Argentina Investment and Trade Promotion Agency.
On last 13th September, 2016, the board of the Investment Partnership Program - PPI held its first meeting, in which the Brazilian government announced 34 infrastructure projects (concessions and privatizations).
Argentina has identified several crimes related to tax evasion, counterfeiting, corruption and several other types of fraud, as main source of unlawful appropriation of assets. The main AML activity takes place through financial operations with international financial centers.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).