31 January 2020 EY article analyzes Mexico’s new digital tax reforms An economic package signed by Mexican President Andrés Manuel López includes new rules for collecting value-added tax (VAT) on some digital platforms. Under the reform, digital platforms, including those run by non-residents, will be responsible for withholding income tax and VAT. The new digital services VAT rules shift compliance, disclosure and withholding obligations, and effective June 1, 2020, businesses may have new responsibilities. In a recent article featured in Tax Notes International, EY’s Koen van ‘t Hek and Terri Grosselin analyze the details and implications. Document ID: 2020-0231 |
