Sweeping tax changes continue – ITR’s Mexico Special Focus launched

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Sweeping tax changes continue – ITR’s Mexico Special Focus launched

editorial-as64539739.jpg

As Mexico continues on the wave of tax reform, ITR has partnered with leading tax advisors to examine the tax landscape for 2021 and beyond.

 Click here to read all the chapters from ITR's Mexico Special Focus

 Mexico, like so many countries, is emerging from the aftermath of COVID-19 with signs of a slow and gradual economic recovery with statistics from the OECD showing that the economy is projected to expand by 5% in 2021 and 3.2% in 2022.

With such positive news, ITR provides practical insight, in English and Spanish, into some of the most significant recent developments from the Mexican tax world.

The last two tax reforms in Mexico have included the addition, modification, and removal of various federal tax provisions. The changes that have come into force over a two-year timeline are described in detail by VCG Partners.

The article by Chevez Ruiz Zamarripa focusses on labour and tax reform from a TP perspective and describes the significance of the outsourcing reform and the impact this will have for many companies.

One of the main mechanisms by which companies resident for tax purposes in Mexico repatriate capital abroad is through the distribution and payment of dividends. Copper Wolf provide a detailed analysis of the tax implications.

Meanwhile, QCG Transfer Pricing Practice provide an insightful piece on the potential benefits for Mexico with the implementation of pillar one and pillar two.

We hope you enjoy reading the fourth edition of our Mexico guide!

Click here to read all the chapters from ITR's Mexico Special Focus

more across site & shared bottom lb ros

More from across our site

Reckitt Benckiser is to divest its Essential Home business, which includes more than 70 brands, to private equity firm Advent International
In the first of a new series of weekly opinion pieces, ITR Editor Tom Baker reflects on the OECD’s attempts to sanitise the US’s brazen pillar two negotiations
The threat of 50% tariffs on Brazilian goods coincides with new Brazilian legal powers to adopt retaliatory economic measures, local experts tell ITR
The country’s chancellor appears to have backtracked from previous pillar two scepticism; in other news, Donald Trump threatened Russia with 100% tariffs
In its latest G20 update, the OECD also revealed tense discussions with the US where the ‘significant threat’ of Section 899 was highlighted
The tax agency has increased compliance yield from wealthy individuals but cannot identify how much tax is paid by UK billionaires, the committee also claimed
Saffery cautioned that documentation requirements in new government proposals must be limited if medium-sized companies are not exempted from TP
The global minimum tax deal is not viable without US participation, Friedrich Merz has argued
Section 899 of the ‘one big beautiful’ bill would have spelled disaster for many international investors into the US, but following its shelving, attention turns to the fate of the OECD’s pillars
DLA Piper’s co-head of tax for the US and Latin America tells ITR about her fervent belief in equal access to the law, loving yoga, and paternal inspirations
Gift this article