Description
The 2008 edition of Mexico Tax, Law and Business Briefing features expert analyses on Mexico’s structural reform, public institutions, and economic development. This one-volume report offers extensive coverage of Mexico’s banking/finance, energy, labor, and maquiladora sectors, as well as in-depth analyses of topics such as corporate structuring, foreign investment, free trade, and taxation.
COVERAGE INCLUDES:
Mexico' New Flat Tax
Mexico Tax Amendments for 2008
FIN 48 for Operations in Mexico
Tax Considerations for Doing Business in Mexico
New Mexico Securities Market Law
A Review of the Mexican Tax System
Mexican Transfer Pricing Rules
Thin Capitalization Rules in Mexico
Taxation of Software Payments
Dealing (and Dealmaking) with Mexican Grupos: A Primer for the Private Equity Investor
Structuring Business Acquisitions
Patent Litigation
Anticounterfeiting
Tax Alternatives for Maquiladoras
And, Much More
TABLE-OF-CONTENTS
TAX ACCOUNTING
- Determining Uncertain Tax Positions Under FIN 48 for Operations in Mexico
Fred J. Barrett and Tino Montero (PricewaterhouseCoopers)...page 11
2008 TAX REFORM
- Mexico Tax Reform
Turanzas, Bravo & Ambrosi... page 21
- Flat Tax Approved in Mexico: New Tax Will Go Into Effect in January 2008
John A. Salerno, Oscar Castañeda, Carlos Gradwohl and Fred Barrett (PricewaterhouseCoopers)... page 27
- 2008 Mexican Tax Reforms—Main Concerns for Canadian and United States Investments in Mexico
Juan Angel Becerra (International Advisers’ Office S.C.)... page 31
- IRS Won’t Challenge Credits Against U.S. Income Tax for Payments of Mexico’s New Flat Tax
Scott Studebaker... page 41
- Mexico’s New Flat Tax (Impuesto Empresarial A Tasa Única OR “IETU”): A Summary
Jaime González-Béndiksen (Baker & McKenzie)... page 43
- Mexican Presidential Decree Provides Limited Benefits for Certain IETU Taxpayers
Koen van �?t hek and Terri Grosselin (Ernst & Young)... page 47
- 2008 Tax Reforms to the Mexican CFC Regime
Juan Angel Becerra (International Advisers’ Office S.C.)... page 51
- Tax Rulings: Is there Still a Reason for their Existence?
Fernando Camarena (Gardere, Arena & Asociados, S.C.)... page 57
- Hiring Services Does Not Create a Permanent Establishment In Mexico
Jaime González-Béndiksen (Baker & McKenzie)... page 61
- 2007 Mexican Tax, Penalty, Interest and Abatement (Amnesty) Procedures Clarified
Fred Barrett (PricewaterhouseCoopers LLP)... page 71
TAX AND OTHER ISSUES ASSOCIATED WITH MERGERS AND ACQUISITIONS
- Tax Havens May Sometimes Be Useful for Mexican Transactions
Jaime González-Béndiksen (Baker & McKenzie)... page 78
- Migration of Foreign Companies: Limitation to Tax Free Mergers and Spin-Offs
Jaime Rojas-Merino (Baker & McKenzie)... page 82
- Structuring Business Acquisitions in the U.S. and Mexico from a Mexican Company Perspective
Manuel Rajunov (Jackson Walker LLP)... page 88
- Tax Efficient Structures for Financing an Acquisition in Mexico
Jesus Chan and Yazmin Caceres (PricewaterhouseCoopers)... page 98
- Using Cross-Border Mergers to Acquire Companies in Mexico
Paul Berkowitz, Luis Rubio Barnetche, Bertha Ordaz, Alejandro Montes & Bert Dia
(Greenberg Traurig LLP and Rubio Villegas y Associados S.C.)... page 104
- Mergers, Demergers and Acquisitions in Mexico
Jaime González-Béndiksen, Jaime Rojas-Merino and John Mclees (Baker & McKenzie)... page 110
TAX ADMINISTRATION
- Tax Considerations for Doing Business in Mexico
Jaime González-Béndiksen (Baker & McKenzie)... page 124
- A Review of the Mexican Tax System
Raul Moreyra (Goodrich, Riquelme y Asociados)... page 140
- Interest Payments Abroad
Guillermo Villaseñor-Tadeo (Baker & McKenzie)... page 170
- Mexican Transfer Pricing Rules
Jorge Narváez-Hasfura (Baker & McKenzie)... page 174
- How to Protect the Benefits of the Tax Consolidation Regime
Jesús Alvarado (Baker & McKenzie Consultores, S.C.)... page 186
- Thin Capitalization Rules in Mexico
Luis Linero (Galaz Yamazaki Ruiz Urquiza)... page 194
- Interpreting Technical Assistance Services Under Mexican Tax Law
Juan Carlos Ruiz Sanchez (Baker & McKenzie)...page 198
- Taxation of Machinery, Equipment & Personal Property Leased by Foreign Residents
Rene Cacheaux and Sergio Mario Ostos (Cacheaux, Cavazos & Newton LLP)...page 204
- Tax Issues and Planning Opportunities in Mexico
Jaime González-Béndiksen and Jaime Rojas-Merino (Baker & McKenzie)...page 208
- Tax Audit Activity in Mexico
Jaime González-Béndiksen and Jaime Rojas-Merino (Baker & McKenzie)...page 214
TECHNOLOGY
- Taxation of Software Payments
Jaime-González-Béndiksen (Baker & McKenzie)....page 230
REAL ESTATE
- Fractional Ownership of Real Estate for Residential and Tourism Purposes in Mexico
Juan Carlos Arouesty (Quintana, Arouesty & Lopez Velarde, Abogados)...page 241
- Fibras: An Alternative for Making Real Estate Investments in Mexico
María Teresa Rodríguez (Thacher Proffitt & Wood, S.C.)...page 249
- Investments in Mexico’s REITS
Jaime González-Béndiksen, Jaime Rojas-Merino and John A. McLees (Baker & McKenzie)...page 255
- A Comparative International Tax Analysis for Foreign Investors of U.S. and Mexican Real Estate: Part I
Patrick W. Martin and Enrique Hernandez-Pulido (Procopio, Cory, Hargreaves & Savitch LLP)...page 267
- Analysis for Foreign Investors of U.S. and Mexican Real Estate: Part II
Patrick W. Martin and Enrique Hernandez-Pulido (Procopio, Cory, Hargreaves & Savitch LLP)... page 281
- A Comparative International Tax Analysis for Foreign Investors of U.S. & Mexican Real Estate: Part III
Patrick W. Martin and Enrique Hernandez-Pulido (Procopio, Cory, Hargreaves & Savitch LLP)... page 289
- Real Property Regulation: General Requirements that Need to be Observed in Infrastructure Projects in Mexico
Alejandro Lopez-Velarde (Lopez Velarde, Heftye y Soria, S.C.)... page 297
- Foreign Investment in Mexican Real Property: Legal Limitations and Opportunities
Jorge Ojeda (Cacheaux, Cavazos & Newton, L.L.P.)... page 307
- Acquisition by Foreigners of Real Estate Located in Mexico
Raul Moreyra (Goodrich, Riquelme y Asociados)... page 311
CORPORATE AND FOREIGN INVESTMENT
- Mexico joins the MIGA Convention
Alejandro Faya Rodríguez (Ministry of Economy, Mexico)... page 319
- Strengthening Competition Policy in Mexico with a New Leniency Program
Miguel Flores-Bernés (Commissioner in the Mexican Federal Competition Commission)... page 323
- Minority Rights For Shareholders Of Mexican Corporations
Juan Pablo Raigosa T. (Raigosa Consultores S.A. de C.V.)... page 329
- OECD: Mexico Must Improve Market Competition and Infrastructure to Foster Growth
Ana Leroy (White & Case, LLP)... page 337
- Legal Obligations of Mexican Companies – Or How to Avoid Common Pitfalls
Mauricio J. Foeth (Curtis, Mallet-Prevost, Colt & Mosle, S.C.)... page 341
- Legal Alternatives for Foreign Investment in Mexican Ports
Joaquin Contreras (Lopez Velarde, Heftye y Soria)... page 349
- Dealing (and Dealmaking) with Mexican Grupos: A Primer for the Private Equity Investor
Alyssa A. Grikscheit and Javier Fierro (Goodwin Procter LLP)... page 357
- National Registry for Foreign Investment: A Small Step, An Outstanding Move Forward
Alejandro Faya-Rodríguez... page 365
- Managing Deadlock in Joint Venture Companies
Luis F. Rebosa (Goodrich Riquelme y Asociados)... page 371
- Payments to Directors and Inspectors of Mexican Companies
Rene Cacheaux and Miriam Name (Cacheaux, Cavazos & Newton LLP)... page 375
- Foreign Investment Restrictions and Neutral Investment Mechanisms in Mexico
Mario Melgar (Cacheaux, Cavazos & Newton, L.L.P.)... page 379
LABOR
- Whose Intellectual Property is It? Employees IP Rights in Mexico
Mónica García Izaguirre (Sánchez-DeVanny Eseverri, S.C.)... page 387
- Mexican and U.S. Employment Laws: A Study in Contrasts
Hope H. Camp, Jr. (Jenkins & Gilchrist, P.C.)... page 391
MAQUILADORAS
- Mexico Regulatory Change Redefines Maquiladora
Jesus Canas and Robert W. Gilmer... page 401
- Mexico’s New Single Rate Business Tax: Impact on the Maquiladora Export Industry
Rene Cacheaux and Miriam Name (Cacheaux, Cavazos & Newton, L.L.P)... page 407
- Using Certified Company Registry To Add Benefits to the Maquiladora Industry
Marcos Guerra (GlobalTrade Integral Solutions) and Marc Schwartz (Barnwell & Company LLC)... page 411
- Tax Alternatives for Maquiladoras: Waiving APAs
Baker & McKenzie... page 415
- Sales of Maquiladora Production into the Mexican Market: Identiftying the Issues
Jaime González-Béndiksen and John Mclees (Baker & McKenzie)... page 417
- New Regulations to the Mexican Income Tax Law Impact PE Exemption Available to Foreign Residents with Maquiladora Operations in Mexico
Michael Becka, Koen van’t Hek and Estela Miranda (Ernst & Young)... page 425
TRADE
- International Trade Disputes: Mexico’s Role a as a Silent Player
Ricardo Ramírez (Thacher, Proffitt & Wood, S.C.)... page 433
SECTOR FOCUS: FINANCE
- New Mexican Securities Market Law
Yves Hayaux-du-Tilly L. and Alberto Balderas F. (Jáuregui, Navarrete y Nader, S.C.)... page 441
- SAPIS under the New Mexican Securities Market Law
Yves Hayaux-du Tilly L. and Alberto Balderas F. (Jáuregui, Navarrete, Nader y Rojas Abogados)... page 451
- Securitization in Mexico: A Rising Asset Class, Domestically and Cross-Border
A Roundtable Interview with Susan Romo (Credit Suisse), Mark Zaltzman (Hipotecaria Su Casita) and Carlos Aiza (Creel, García-Cuéllar y Müggenburg). Moderated by Jeffrey Stern (Stroock & Stroock & Lavan LLP)... page 457
- Financial Derivatives: What They Are, How to Use Them, and the Tax Treatment in Mexico
David Santoyo-Amador (Baker & McKenzie)... page 465
- Financial Derivatives-What They Are, How To Use Them, and the Tax Treatment in Mexico: Part Two
David Santoyo-Amador (Baker & McKenzie)... page 475
- Transfer of Mexican Shares via Capital Contribution
Jorge Narváez-Hasfura (Baker & McKenzie)... page 483
- Tax Treatment of Interest Resulting from Financial Lease Payments
Rene Cacheaux and Sergio Mario Ostos (Cacheaux, Cavazos & Newton L.L.P)... page 491
- Mexican Back-to-Back Loans
Ricardo Rendón and Adalberto Valadez (Chevez, Ruiz, Zamarripa y Cia., S.C.)... page 493
- Amendments to the Mexican Insurance Law and Insurance Contract Law
Yves Hayaux-du-Tilly L. and Henri Capin Gally (Jáuregui, Navarrete y Nader, S.C.)... page 497
- Tax Issues Associated with Securitization
Maria Teresa Rodriguez (Thacher Proffitt & Wood, S.C.)... page 505
Katherine Dimancescu
WorldTrade Executive
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