Orbitax Tax News & Alerts
Mexico's Tax news & updates from Orbitax and partners
Mexico Tax News
Treaty between India and Mexico signed
OECD releases revised draft of Part IV (Insurance) of the Report on Attribution of Profits to Permanent Establishments
Main tax reform submitted to Congress
Modified list of treaties considered as containing features of broad exchange of information agreement
Treaty between New Zealand and Mexico enters into force
US court orders IRS summons enforced under US-Mexico income tax treaty
Main tax reform submitted to Congress
Discussion draft on application and interpretation of non-discrimination article of OECD Model – details
Treaty between Mexico and Canada ratified
Treaty between Slovak Republic and Mexico – details
Revised Commentary on Article 7 of OECD Model released
Treaty between New Zealand and Mexico ratified
Maquiladora
Treaty between Brazil and Mexico clarified – MFN clauses
Final Report on Improving the Resolution of Tax Treaty Disputes
Report on Attribution of Profits to PEs released
Treaty between Brazil and Mexico enters into force
2007 Budget Bill submitted to Congress
Research and development tax benefit
Treaty between Mexico and New Zealand – details
Treaty between Mexico and Panama – negotiations to start
Treaty between Mexico and Canada – details
Ruling on profit attribution between Belgian headquarter and Mexican branch published
US and Mexico sign revised mutual agreement on eligibility of fiscally transparent entities to claim treaty benefits
The first-time income and capital tax treaty between Greece and Mexico signed on 13 April 2004, entered into force on 7 December 2005. The treaty generally applies from 1 January 2006.
The first-time income and capital tax treaty between Greece-Mexico, signed on 13 April 2004, has been ratified in Greece by way of Law 3406/2005 and published in the Official Gazette of 25 October 2005, Volume A, No. 265. Further details of the treaty will be reported subsequently.
Restrictions on application of thin capitalization regime
Taxation of dividends and registered private debt According to a proposal submitted to the parliament on 30 September 2005, the withholding tax rate on dividends distributed to both resident and non-resident shareholders will be set at 20%. (Currently, the rates are 15% for dividends paid to resident recipients and 25% for dividends distributed to non-resident shareholders.)
Treaty definition of "business profits" clarified 2005 tax reform treaty override?
US and Mexico reach mutual agreement on eligibility of fiscally transparent entities to claim treaty benefits
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