On July 14, 2021, the Decree creating the National Customs Agency (the "Agency") of Mexico as a decentralized administrative body of the Ministry of Finance and Public Credit (the "Decree") was published in the Official Gazette of the Federation. The Decree
OECD member countries approved, as part of efforts against artificial profit shifting in multinational companies, the creation of a global minimum tax, marking a major change in international taxation. In general terms, the idea of this tax is to empower the
In order to protect the right to the free development of personality, the Supreme Court of Justice of the Nation (the "SCJN") nullified the absolute prohibition contained in the General Health Law, to carry out activities related to the recreational
On June 13, 2009, the Mexican Tax Administration Service ("SAT" for its abbreviation in Spanish) published on its website the reference parameters for effective income tax rates for large taxpayers, with respect to various economic activities for the following sectors:
On June 1, 2021, the Promulgative Decree of the Trade Continuity Agreement between the United Mexican States and the United Kingdom of Great Britain and Northern Ireland (the “Decree”) was published in the Official Gazette of the Federation. In accordance with
This year, the Federal Economic Competition Commission ("COFECE"), summoned various economic agents for their possible responsibility in carrying out absolute monopolistic practices in the soccer transfer market in Mexican territory. Said absolute monopolistic practices are set forth in Article 53 of
On May 24, the resolution by which the general provisions are made known for the registration of individuals or legal entities who render specialized services or execute specialized works referred to in article 15 of the Federal Labor Law (the
Recently, COFECE's Merger Notification Guidelines were modified to include, among others, more information for the notification of joint ventures that could imply a concentration in terms of the Federal Antitrust Law ("FECL"). It also clarifies issues related to who are obliged
On Friday, May 7, the Fifty-Seventh Notice was published in the evening edition (591 Bis) of the Official Gazette of Mexico City, announcing that the color of the Epidemiological Traffic Light of Mexico City changes to yellow, and establishing that
As you are aware, on April 23, 2021, the Decree that amended, added and repealed various provisions on labor subcontracting was published in the Official Gazette of the Federation. In general terms, this Decree prohibits labor subcontracting; that is, that one