Mexico
The US president’s flippant approach to international trade will cause chaos for corporations, but there are opportunities for intrepid tax advisers
One expert last month predicted the short-term impact of tariffs would be “devastating” for both Canada and the US, particularly if the former instituted retaliatory measures
The senior hire builds on the firm’s status as the joint most prolific US hirer in 2024; in other news, an ex-IRS chief counsel has joined Miller & Chevalier
The president had so far avoided announcing tariffs on the US’s neighbours despite previous threats
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Sponsored by Ritch MuellerSantiago Llano and Eric Palacios of Ritch Mueller explain why non-Mexican residents should analyse whether Mexican source income exists when transferring participation in a non-Mexican resident entity that owns directly or indirectly immovable property in Mexico.
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Sponsored by EY Asia-PacificThe indicators point in one direction: an increase in tax controversy, as authorities’ resources are ploughed into increased scrutiny. Luis Coronado of EY explains why, and suggests what tactics businesses should be adopting.
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Sponsored by DeloitteCompanies in Mexico are having to meet increased transfer pricing obligations on top of supply chain disruptions, report Francisco Díaz, Julia Inés Chávez and Emanuel Maldonado of Deloitte S-LATAM, with the automotive industry under particular pressure.
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