Dear Clients and Friends, On December 28th, 2018, the Federation’s Income Law for 2019 was published in the Federation’s Official Gazette, from which it can be concluded, with regard to the compensation of favorable tax balances, that as of January 1st, 2019: Taxpayers will no longer be able to make the compensation against the amounts…

Dear Clients and Friends, As we pointed out in our last Legal Alert, the Official Gazette of the Federation (DOF) published on December 26th, 2018, the Resolution of the National Minimum Wages Commission (CONASAMI) that sets the general and professional minimum wages in force as of January 1st, 2019. The resolution determines that the main…

Dear Clients and Friends, The National Commission on Minimum Wages determined the following increases, effective as of January 1st, 2019: General Minimum Wage (exclusively): A daily increase in the amount of $9.43 (nine pesos 43/100) Mexican Pesos, through the increase of the Independent Recovery Amount (MIR, per its acronym in Spanish). An additional increase of…

Dear Clients and Friends, Finally, some certainty. Although the USMCA still must be ratified and passed before it can go into effect on January 1, 2020, as expected, its text has produced clarity and stability on the modifications and future of the Automotive Trade between the United States, Canada and Mexico. Besides that USMCA will…

Dear Clients and Friends, On October 23th, the Mexican Labor Ministry published the NOM-035-STPS-2018, Psychosocial risk factors at workplace-Identification, analysis and prevention. It provides for normative requirements that aim to establish specific elements to identify, analyze and prevent psychosocial risk factors, as well as the evaluation of the organizational environment and its favorable promotion in…

In the late hours of September 30, 2018, Canada and the United States concluded their bilateral negotiations, which consequently led to the finalization of the negotiations for the modernization of the North American Free Trade Agreement (“NAFTA”) of which Mexico, the U.S. and Canada are a Party to since 1994. This negotiation process lasted more…

Dear Friends and Clients, On September 5, 2018, the Mexican Institute of Social Security (IMSS) published in the Federation’s Daily Official Gazette the “Agreement ACDO.SA2.HCT.290818 / 225.P.DIR” (attached), where administrative ease regulations regarding labor subcontracting were granted. This agreement became effective yesterday, September 6, 2018. The agreement establishes that, for purposes of Article 15-A, fifth…

Dear Clients and Friends, On August 27, 2018, separately, the Governments of Mexico and of the United States of America announced that they reached an agreement after over one year negotiations on the future of NAFTA. While the Governments of both parties insist that they expect that Canada will continue to be part of the…