Final rules have been published in Mexico governing the filing and delivery of annual information returns of related parties—the Master file, Local file and country-by-country reporting.
The final rules follow the October 2016 release by the Mexican tax authorities (Servicio de Administración Tributaria—SAT) of draft compliance rules concerning the information that must be included in the new information returns as required pursuant to Article 76-A.
The KPMG member firm in Mexico has prepared a report that includes—in table format—comparisons of the draft and final version of the rules as well as comparisons with the recommendations of the Organisation for Economic Cooperation and Development (OECD) under Action 13 of the base erosion and profit shifting (BEPS) project.
Read a 2017 report [PDF 81 KB] prepared by the KPMG member firm in Mexico.
For more information, contact a tax professional with KPMG’s Global Transfer Pricing Services group in Mexico:
Teresa Quinones | +52 (55) 5246 8347 | email@example.com
The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.