Legal Alerts

Dear clients and friends, Through RULING dated January 26, 2021, issued by the Minister of Finance and Public Credit, published in the Federal Official Gazette on February 2, 2021, it is established that tax advisors or taxpayers will not be obligated to reveal the reportable transactions provided in Fractions II to XIV of Article 199 of…

2021 is a challenging year: the global economy derived from the pandemic makes this year very atypical and pushes us to make important changes in our vision and planning. THREE CHALLENGES 1.- Union Democracy Legitimacy and Collective Bargaining Agreements negotiations (CBA) Derived from the labor reform in 2019, the Unions must carry out the legitimacy…

Dear clients and friends, Within the most relevant modifications in the tax reform for entities authorized to receive donations, are the following: 1.- In order for civil associations and societies dedicated to scientific and technological investigation; to the grant of scholarships; to activities of investigation and preservation of wild flora and fauna; to promoting among…

Dear clients and friends, As of last year, entities are required to file a notice before the Federal Taxpayer Registry (FTR) informing the name and FTR number of their partners and shareholders in the event of modifications or new incorporations to their organizational structure (“Notice”). Such obligation was to be fulfilled by June 30, 2020….

Dear Clients and Friends, Derived from the reforms to the Tax Code of Mexico City for 2021, individuals or legal entities are required to submit notices to the Ministry of Administration and Finance of Mexico City (“MAF”) regarding the contracting or subcontracting of services, regardless of the way in which they are named, even when…

Dear Clients and Friends, Today, January 8, 2021, the values of the Unit of Measurement and Update (UMA, for its acronym in Spanish) for the year were published. Based on the above, the National Institute of Statistics and Geography (INEGI, for its acronym in Spanish) released the daily, monthly and annual value of the UMA, which will enter into force…

Dear Clients and Friends, On  January 11TH, 2021, the Official Gazette of the Federation published the Decree that amends Article 311 and adds Chapter XII BIS of the Federal Labor Law, regarding remote working (known as “home office”), which will enter into force on January 12 of this year. In accordance with the above, companies…

Dear Clients and Friends, As we informed you in our alert sent last February regarding the tax reform, on December 9, 2019 a Decree was published in the Official Gazette of the Federation (DOF) which amended, added and repealed various tax provisions. Among others, a Sixth Title called “On the Disclosure of Reportable Schemes” was…