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 as of February 1, 2021, according to the following:
The UMA is the economic reference in pesos to determine the amount of payment of obligations and other suppositions taken into account in the federal laws, local regulations, as well as in every legal provision that emanate from the former.
If you have any questions or comments regarding the above, please do not hesitate to communicate with your usual contact at the firm.