Page 4 - Federal Tax Code News Today

Deloitte’s transfer pricing experts report on the mandatory disclosure regime obligations in Mexico and the trends in transfer pricing audits across Central America.

Anti-corruption Developments and the Relevance of Corporate Integrity Programmes Overview and developments Mexico improved its position in the Corruption Perceptions Index published by Transparency International for 2019, climb­ing eight positions from the previous ranking published one year before, in a move from position 138 to 130 (out of 198 countries, where number 1 is the least corrupt and 180 is the most corrupt). The foregoing should be considered as a silver lining for a country that ...

On April 23, 2021, the Federal Government published in the Official Gazette the amendment of several provisions of the Federal Labor Law, the Social Security Law, the Law of the National Workers Housing Fund (Infonavit), the Federal Tax Code, the Income Tax Law, the Value Added Tax Law (VAT), the Federal Law for State Employees, and the Federal Law regulating paragraph (b) of Article 123 of the Federal Constitution (collectively the "Amendments") to entirely modify the current regulation of per...

Friday, April 30, 2021 On April 23, 2021, the Federal Government published in the Official Gazette the amendment of several provisions of the Federal Labor Law, the Social Security Law, the Law of the National Workers Housing Fund (Infonavit), the Federal Tax Code, the Income Tax Law, the Value Added Tax Law (VAT), the Federal Law for State Employees, and the Federal Law regulating paragraph (b) of Article 123 of the Federal Constitution (collectively the " Amendments") to entirely mo...

To embed, copy and paste the code into your website or blog: On April 23, 2021, the Decree amending, adding and repealing several provisions of the Federal Labor Law, the Social Security Law, the Law of the National Workers Housing Fund Institute, the Federal Tax Code, the Income Tax Law and the Value Added Tax Law, the Federal Law of Employees in the Service of the State, Regulatory of Section b) of Article 123 of the Constitution, the Regulatory Law of Section XIII bis of Section B, of Articl...

Chart 2: Wealthy Taxpayers Rely Less on Wage and Salary Income Than Any Other Income Class Chart 3: Changes In Tax Rates Have Little Effect on Revenues Chart 4: Rich Pay More Following 1920s Tax Cuts Chart 5: Rich Paid More Under 1960s Kennedy Tax Cuts Chart 6: Reagan Tax Cuts Generated 31% More Tax Revenue From the Wealthy Chart 7: Higher Tax Rates, Lower Revenue Introduction One of the most important fiscal policy debates developing in this election involves the question of whether changes in...

House passes bill to update 529 College Savings Plan OKLAHOMA CITY — A bill that updates allowable uses for qualified higher education expenses under the Oklahoma 529 College Savings Plan passed the House on Tuesday with a vote of 95-0. House Bill 1962, authored by Jadine Nollan, R-Sand Springs, aligns the state’s language with the federal government’s definition. Nollan said the bill was a request bill by State Treasurer Randy McDaniel, a former House member. She said the federa...

To print this article, all you need is to be registered or login on Mondaq.com. El Decreto 991/20 publicado el pasado 15 de diciembre reglamentó la Ley de Góndolas 27.545 (la "Ley", objeto de nuestra novedad legal del 3 de abril, disponible aquí). A continuación sus principales disposiciones. Se designa a la Secretaría de Comercio Interior (la "Secretaría") como Autoridad de Aplicación, con facultades para el dictado de normativa complementaria y aclaratoria No in...

[co-author: Iván Andrade Castelán] On November 12, 2020, the Federal Executive filed before the Chamber of Deputies of the Congress of the Union the “ Initiative of the Federal Executive that reforms, adds and derogates various provisions of the Federal Labor Law, Social Security Law, Law of Employees Housing Fund Institute, Federal Tax Code, Income Tax Law and Value Added Tax Law.” To date, this proposed amendment is still under discussion and review. Notwithstanding the proposed federal...

[co-author: Andres Armida , external consultant] On November 11, 2020, the President of Mexico submitted a bill proposing the amendment of the Federal Labor Law, Social Security Law, National Workers’ Housing Fund Institute Law, Federal Tax Code, Income Tax Law, and Value Added Tax Law (the “ Presidential Bill”). In summary, the Presidential Bill intends to forbid subcontracting/general outsourcing of employees. In general, the bill can be dissected as follows: Outsourcing/subcontracting...