Display # 
Modifications to the tax provisions for 2022
November, 2021

On November 12, 2021, the Decree (“Decree”) amending, adding and eliminating several provisions of the Income Tax Law (“IT”), Value Added Tax Law (“VAT”), Special Tax on Production and Services Law (“STPS”), and the Federal Tax Code (“FTC”) was published in the Official Federal Gazette (“DOF”), which, with few exceptions, will become effective as of January 1, 2022.

Download PDF
Alberto Aguilar: Names, names and... names | Sustainability challenge to resources, Mexico long haul and Von Wobeser new group.
November, 2021

The law firm Von Wobeser y Sierra, headed by Claus Von Wobeser, has just formed a new practice group to support its clients on sustainability risks and opportunities.

Download PDF
Auto parts companies could pay more income tax for their maquila operation in Mexico
November, 2021

Although the approved Economic Package for Fiscal Year 2022 did not increase the Income Tax rate (ISR) to be paid by legal entities, it does contain a modification whose practical effect will be that many Mexican auto parts companies pay more ISR for the maquila operation they carry out.

Download PDF
ESG management: novelty or necessity?
November, 2021

If ESG is a process for managing risks, it is reasonable to anticipate that a solid process better prepares the company to face a crisis, says Pablo Jiménez Zorrilla.

Download PDF
Bases for the import and regularization of used vehicles of foreign origin
October, 2021

On October 18, 2021, the “Resolution instructing the indicated agencies to take actions in relation to the definitive importation of used vehicles” was published in the Federal Official Gazette, in which the President of the Republic instructs certain governmental agencies to adopt measures for the regularization of used vehicles of foreign origin whose legal stay in the country cannot be proven.

Download PDF
New Specialized Antitrust and Telecom Court
October, 2021

On September 22, 2021, the Plenary of the Federal Judiciary Council approved the creation and commencement of functions of the Third District Court in Administrative Matters, specialized in Antitrust, Broadcasting and Telecommunications (“Third Court”), residing in Mexico City and with jurisdiction throughout the Mexican Republic.

Download PDF
Constitutional Reform Initiative on Energy Matters
October, 2021

On September 30, 2021, the President of Mexico presented the “Initiative of Decree amending Articles 25, 27 and 28 of the Political Constitution of the United Mexican States in matters of energy and natural resources” (the “Amendment Initiative”) before the Chamber of Deputies, which, if approved under its terms, would represent fundamental changes in Mexico’s energy industry.

Download PDF
COFECE publishes provisions for complaints under the new Law on Advertising Contracts
September, 2021

On June 3, 2021, the Federal Executive branch published the DECREE enacting the Law for Transparency, Prevention and Combat of Improper Practices in Advertising Contracts (the “Marketing Law”) in the Federal Official Gazette. The Marketing Law shall enter into force on September 1, 2021, and be applicable to all acts, contracts, agreements, or procedures entered into between two or more of the economic agents referred to thereunder (namely, media agencies, advertisers, and media), provided that the relevant advertiser resides in Mexico and the advertisement is disseminated within the Mexican territory.

Download PDF