According to recent reports, Mexico's Ministry of Finance is currently considering whether it needs to adopt interest deduction restriction rules in line with the percentage of EBITDA approach included as part of BEPS Action 4. Currently, Mexico has a traditional thin capitalization rule that limits the deduction of interest payments on non-resident related-party loans where the paying company's debt-to-equity ratio exceeds 3:1. Although BEPS Action 4 approach is not a minimum standard of the…