On April 16, 2025, Mexico’s new Public Sector Procurement, Leasing, and Services Law (the “New Procurement Law”) was published in the Official Journal of the Federation and entered into force on April 17 of the same year. This law repeals the previous legal framework governing federal public procurement and redefines the rules for the use
Mexico Grants Tax Incentives to Spur Investment, Training and Technological Innovation
On January 21, 2025, the Mexican Department of Finance and Public Credit published in the Official Journal of the Federation the “Decree by which fiscal incentives are granted to support the national strategy called ‘Plan Mexico’, to promote new investments that encourage dual training programs and promote innovation” (the “Decree”). The Decree seeks
Mexico City’s Government Increases Payroll Tax Rate and Creates New Ecological Tax
On December 27, 2024, an amendment and supplement to the Tax Code of Mexico City was published in the Official Journal of Mexico City establishing i) an increase in the payroll tax rate (“ISN”) from 3% to 4% on the total amount of expenditures made for payments to subordinate personnel and ii) a new ecological
Mexico Amends the “Decree Establishing Several Sectorial Promotion Programs”(Prosec Decree)
An amendment to the PROSEC Decree was published in the Official Journal of the Federation on August 26, 2024, and entered into force on August 27, 2024.
The PROSEC is a program designed for companies that produce specific merchandise. It allows them to import various goods to deliver products with preferential general import duties.
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Mexico’s Taxpayer Ombudsman Announces Important Changes to Filing Procedures
The Mexican Taxpayer Ombudsman agency (“PRODECON” by its acronym in Spanish) has notified taxpayers that, to streamline and expedite the filing of Final Agreements and Complaints, as of September 1st, 2024, the only methods for filing of such Final Agreements and Complaints will be through the new Electronic System for the Receipt of
Appeals of Unilateral Settlements and Releases Issued by Government Entities in Public Works Contracts
Mexico’s Federal Administrative Court of Justice published in the April issue of its magazine a case decision in which it held that unilateral settlements and releases granted by governmental entities or departments in agreements subject to the Law of Public Works and Services Related to the Same (LOPSRM for its acronym in Spanish) may be appealed through administrative proceedings.
Simplified Requirements for the Temporary Importation of Sugar under Mexico’s IMMEX Program
On April 5, 2024 the “Decree publishing the requirements to temporarily import goods included in Annex II of the Decree for the Promotion of the Manufacturing, Maquiladora and Export Services Industry” (the “Decree”) was published in the Official Journal of the Federation, which entered into force on April 8, 2024, and will remain valid through August 31, 2024.
New Decree Granting Tax Incentives to Promote Investment in Mexico
On October 11, 2023, the “Decree granting tax incentives to key sectors of the export industry consisting of the immediate deduction of the investment in new fixed assets and the additional deduction of training expenses” was published in the Official Gazette of the Federation. The Decree entered into force as of its publication, with the