On 18 January 2017, a decree providing a tax amnesty program for the repatriation of foreign investments was published in Mexico's Official Gazette. The decree provides that individuals and companies resident in Mexico, as well as permanent establishments in Mexico, may repatriate undisclosed foreign investment income subject to an 8% tax rate. The reduced rate may apply for foreign investment income up to 31 December 2016, subject to the condition that the income is reinvested in Mexico in 2…