• Service: Tax, Global Indirect Tax, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 10/21/2013

Mexico - Tax reform update concerning foreign investment, related-party transactions 

October 21: The Chamber of Deputies on 17 October 2013 passed a revised version of the economic and tax reform package, presented by Mexico’s federal government in September 2013.

The legislation (that is pending consideration by the Senate) includes changes that would affect foreign investment and related-party transactions including:

  • Rules for the application of tax treaty benefits
  • Measures to limit certain deductions
  • An additional 10% corporate income tax on dividends and profit distributions

Read an October 2013 report (PDF 193KB) prepared by KPMG LLP for more information about the changes to the tax bill, as passed by the Chamber of Deputies.

For more information, contact a tax professional with KPMG’s Mexico tax center:

Jose Manuel Ramírez

+1 212 872 6541

Or contact a tax professional with the KPMG member firm in Mexico:

Catherine Thibault

+52 55 5246 8300

Antonio Zuazua

+52 81 8122 1938

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