Information returns of manufacturing, maquiladora, and service exportation companies reporting information regarding the 30% ownership threshold for machinery and equipment used in the maquila operation involving a foreign resident (i.e., with whom the maquiladora has entered into a contractual arrangement) are due by 31 December 2015. Under provisions of the 2014 tax reform, 30% of the machinery and equipment must be owned by the foreign resident.
Read a July 2015 report (Spanish) prepared by the KPMG member firm in Mexico that describes the procedure to be followed in order to determine the 30% threshold.
Tax reform provisions enacted for 2014 included new requirements for maquiladoras to comply with, in order to continue providing protection to their nonresident related parties (parent companies or customers) with regard to the possible creation of a permanent establishment in Mexico. Among the requirements are the following:
For more information, contact a tax professional with KPMG´s Mexico tax center:
Jose Manuel Ramirez | +1 (212) 872-6541 | firstname.lastname@example.org
Or contact an international tax professional with the KPMG member firm in Mexico:
Mario Hernandez | +52 656 962 3616 | email@example.com
Catherine Thibault | +52 555 246 8474 | firstname.lastname@example.org
Ana Carolina Dominguez | +52 555 246 8448 | email@example.com
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