Mexico establishes threshold for reporting customized transactions under mandatory disclosure regime

On 2 February 2021, Mexico’s tax authorities established that customized transactions with an aggregate tax benefit of more than $100 million Mexican pesos (approx. US$5 million) are subject to the mandatory disclosure regime (MDR) reporting requirement. For more information on the MDR, see EY Global Tax Alerts, Mexico: Taxpayers should be aware of Mexico’s new reportable transaction obligation, dated 23 March 2020 and Mexico’s initial reporting due date for MDR obligations i…