Mexico News

Mexico Publishes Second Report On Industry-Average Tax Burdens
by Mike Godfrey, Tax-News.com, Washington
Friday, August 6, 2021
On August 1, 2021, Mexico's federal tax authority released a second report on the effective corporate tax paid by large businesses in various economic sectors. Read Full Story

Mexico Enacts Outsourcing Tax Law Changes
by Mike Godfrey, Tax-News.com, Washington
Wednesday, June 9, 2021
Mexico has recently enacted legislative amendments to various tax laws in a bid to restrict the ability of companies to enter into outsourcing arrangements. Read Full Story

UK, Mexico Sign Continuity Trade Deal
by Jason Gorringe, Tax-News.com, London
Tuesday, December 22, 2020
On December 15, 2020, the UK and Mexico signed a trade continuity agreement that will apply when the Brexit transition period ends. Read Full Story

OECD Releases 2020 Tax Trends Report
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, December 10, 2020
Tax revenues fell across the OECD for the first time in a decade during 2019, but a much larger decrease is expected in 2020 as a result of the COVID-19 pandemic, according to the OECD's newly released annual Revenue Statistics report. Read Full Story

IRS Clarifies Tax Treaty References To NAFTA
by Mike Godfrey, Tax-News.com Washington
Thursday, May 28, 2020
On May 19, 2020, the United States Treasury Department and the Internal Revenue Service issued an Announcement which clarifies the interpretation of references in US income tax treaties to the North American Free Trade Agreement once it is replaced by the Agreement between the United States, Mexico and Canada. Read Full Story

OECD Releases Taxing Wages 2020 Report
by Ulrika Lomas, Tax-News.com, Brussels
Friday, May 15, 2020
The OECD has released its Taxing Wages 2020 report, which highlights that taxes on labor across the OECD countries fell for the sixth consecutive year in 2019. Read Full Story

Mexican Government Yet To Provide COVID-19 Tax Breaks
by Mike Godfrey, Tax-News.com, Washington
Wednesday, April 15, 2020
The Mexican federal Government has yet to provide tax relief to businesses and individuals, although state authorities have announced their own measures. Read Full Story

US Senate Passes New North American Free Trade Deal
by Mike Godfrey, Tax-News.com Washington
Monday, January 27, 2020
On January 16, 2020, the US Senate voted to approve the US-Mexico-Canada Agreement, which will replace the existing North American Free Trade Agreement. Read Full Story

Canada, Mexico, US Agree Free Trade Deal Amendments
by Mike Godfrey, Tax-News.com, Washington
Monday, December 16, 2019
Canada, Mexico, and the US have signed an agreement on amendments to their proposed new trade pact. Read Full Story

American Firms Concerned By Canadian Digital Tax Plan
by Mike Godfrey, Tax-News.com, Washington
Monday, November 25, 2019
Representatives from US trade and industry associations have voiced concern about a digital services tax proposal floated during the recent Canadian election which they argue will "impose discriminatory requirements on the digital economy." Read Full Story
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