12 December 2019 Mexico has enacted significant tax reform – is your company ready? Mexico’s tax reform has rapidly and significantly changed that country’s tax landscape for businesses with operations there. The reform includes numerous tax law changes aimed at strengthening tax compliance and challenging perceived base erosion and profit shifting. The changes impose additional compliance obligations on multinationals and may impact certain intercompany transactions. Most of the tax reform provisions are effective January 1, 2020, which does not give businesses very much time to prepare. Given this timeframe, we suggest multinationals focus their year-end efforts on five major tax reform changes, outlined in this article. Click here to read more. Document ID: 2019-2174 |
