Dear Clients and Friends, On May 8, 2023, the Head of the Federal Executive published a decree, in the Federation’s Official Gazette, containing a series of amendments to the Mining Law; the Law of National Waters, of Ecological Balance and Environmental Protection and; the General Law for the Prevention and Integral Management of Mining Waste,…
Dear Sirs, The Ministry of Labor and Social Welfare (STPS for its acronym in Spanish) has implemented the Voluntary Labor Verification Program (VELAVO), which is a voluntary tool for compliance with labor regulations. This mechanism aims to certify workplaces in compliance with the following legal obligations: I. General Working Conditions. This can apply to all…
Dear clients and friends: We would like to inform you of a recent case law approved by the Mexican Supreme Court of Justice that could have important implications for your tax affairs. The case law approved on March 15, 2023, establishes that Value Added Tax (VAT) paid trough offsetting is not creditable. This means that…