Mexico: Description of tax measures in economic package for 2017

Mexico: Tax measures in economic package for 2017

Mexico’s executive branch presented the Mexican Congress an economic package for 2017 that includes reform proposals in various tax areas. The proposals would affect areas listed below, and are subject to change during the legislative process. As proposed, the measures are intended generally to be effective beginning in 2017.

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Among the tax reform proposals are measures that would affect the following areas or topics. 

 

  • Economic indicators
  • Surcharges 
  • Tax incentives 
  • Mexican income tax law
    • Incentives for equipment of power supply for electrical vehicles
    • Administrative facilities for micro-enterprises
    • Tax treatment for economic aid
    • Donations
    • Incentive for research and development of technology• Incentive for sports
    • Income and deductions in the area of hydrocarbons• Transfer pricing
    • Individuals
  • Value added tax (VAT)
  • Mexican federal fiscal code
    • Electronic tax signature
    • Widespread use of taxpayer “mailbox”
    • Registration of legal representatives in the federal taxpayer registry
    • Strengthening use of electronic tax invoices via the internet
    • Suppliers of certification documents
    • Certifying bodies
    • Authority of Mexican tax administration
    • Electronic reviews
    • Transfer of patrimony from authorized charities – information to be provided
    • Information to be sent to the Mexican tax administration by “authorized certification suppliers” that do not comply with the technical specifications
  • Federal law for administrative litigation procedure 
    • Exclusive trial resolution on substance
    • Substance study
    • Suspension of the procedure
    • Oral proceedings
    • Expert evidence
    • Testing procedure
    • Tax review

 

Read a September 2016 report [PDF 381 KB] prepared by the KPMG member firm in Mexico

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