On 17 December 2015, officials from Mexico and Spain signed a protocol to the 1992 income tax treaty between the two countries. The protocol is the first to amend the treaty. It reportedly amends provisions concerning dividends, interest and capital gains taxation, as well as the elimination of double taxation and exchange of information. It also adds provisions concerning hydrocarbons, assistance in tax collection, limitation on benefits, and anti-abuse measures.
Additional details will be …