Mexico: Tax provisions effective in 2016 | KPMG | GLOBAL

Mexico: Tax provisions effective in 2016

Mexico: Tax provisions effective in 2016

There are tax amendments, as published in the official journal, that are part of an economic package for 2016. Among the amendments are changes that affect:


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  • Investments in the energy and transportation sectors, by allowing immediate deductions of investments up to 100 million pesos (approximately U.S. $5.75 million)
  • Thin capitalization rules for the electrical energy sector, by excluding debts incurred in connection with the investment in infrastructure related to power generation, with application retroactive from 2014
  • Transfer pricing documentation disclosure rules, by including country-by-country reporting and other measures pursuant to the OECD’s base erosion and profit shifting (BEP) project
  • A tax credit for profits (dividends) reinvested, on profit amounts from 2014 to 2016
  • Personal allowances under the income tax law 
  • Personal savings, by eliminating a limit on the amount of personal contributions that can be made to long-term savings instruments


Read a 2015 report (Spanish) [PDF 89 KB] prepared by the KPMG member firm in Mexico: Reforma Fiscal 2016

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