Mexico
The EU defended its ‘sovereign right’ to impose the tax in the face of US tariff threats; in other news, the US deputy Treasury secretary resigned after just five months
Rafael Tena tells ITR about the ‘crazy’ Mexican market, ditching the hourly rate, and refusing to grow his fledgling firm in an ‘unstructured way’
The US president did not have the authority to impose the tariffs, a court ruled; in other news, Fried Frank and Crowe Ireland made key tax hires
The US president’s flippant approach to international trade will cause chaos for corporations, but there are opportunities for intrepid tax advisers
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Sponsored by Escalante & AsociadosJorge Díaz Carvajal of Escalante & Asociados says that a limited package of economic measures has failed to bring clarity in several areas and stronger tax reform may be needed sooner rather than later.
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Sponsored by Escalante & AsociadosÁngel Escalante-Carpio and Gabriel Rojas Izquierdo of Escalante & Asociados discuss the binding precedent in which it was concluded that VAT charged must be paid through cash flow to be deductible.
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Sponsored by DeloitteIncreased transfer pricing documentation requirements are not reducing the number of disputes. Jennifer Breeze, Chris Ferguson, and Simón Somohano of Deloitte offer regional perspectives on the issue and explain what businesses may be able to do to prevent escalation.
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