A “technical amendment” to article 12 of the regulations implementing the income tax law was published in the official journal in May 2016.
The amendment apparently is intended to correct a drafting error to a provision concerning the rules relating to the tax treatment of certain profits of foreign currency exchange centers (casas de cambio). With the technical modification, taxpayers potentially subject to the rule need to evaluate the implications of the amended regulation.
Read a May 2016 report (Spanish) [PDF 59 KB] prepared by the KPMG member firm in Mexico: Reglamento de la Ley del Impuesto sobre la Renta
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