Tag: Mexico
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Article 76-A of the Mexican Income Tax Law in Mexico
Article 76-A of the Mexican Income Tax Law (Ley del Impuesto sobre la Renta, LISR) outlines specific obligations for taxpayers involved in transactions with related parties. These obligations focus on filing annual informative declarations to ensure compliance with transfer pricing rules and transparency in multinational operations. Below are the key details: Obligations Under Article 76-A Taxpayers…
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Country-by-Country Reporting (CbCR) in Mexico
Mexico has been a proactive adopter of the OECD’s Base Erosion and Profit Shifting (BEPS) framework, including the implementation of Country-by-Country Reporting (CbCR) as part of Action 13. Since 2016, multinational enterprise (MNE) groups operating in Mexico have been required to comply with specific transfer pricing documentation obligations, including CbCR, to improve tax transparency and…
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How CbC reporting is presented in Mexico
Country-by-Country (CBC) reporting is a crucial component of international taxation transparency, aimed at providing tax authorities with valuable insights into the global operations of multinational enterprises (MNEs). In Mexico, the presentation and compliance with CBC reports play a pivotal role in ensuring transparency and fairness in the taxation of companies operating within the country. In…
CbC Reporting 