Mexico: Common reporting standard, AEOI rules are implemented

Mexico: Common reporting standard, AEOI rules

An amendment to Mexico’s income tax law, published in the official gazette on 19 November 2015, implements measures pursuant to the common reporting standard (CRS), and requires Mexican financial institutions to comply with the CRS and automatic exchange of information (AEOI) rules.

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The effective date is 1 January 2016.

 

Read a November 2015 report [PDF 84 KB] prepared by the KPMG member firm in Mexico

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