Forvis Mazars in Mexico: Thought leadership
Insights
Forvis Mazars in Mexico: Thought leadership
Our local experts share the information you want to know in order to face the many business challenges and opportunities you can encounter.
PCI DSS Update 4.0
The Payment Card Industry Data Security Standard (PCI DSS), is a computer security standard to protect sensitive credit and debit cardholder data.
Increased holidays in Mexico: Labour and accounting effects
The preliminaries of the reform of the Federal Labour Law, which came into force on January 1, 2023, created a lot of anticipation because of the changes it brought to the labour and fiscal world, which is explained because there had been no changes to vacation periods for years in Mexico.
Taxes for workers abroad: Mexico, US and Canada
International companies have increased their activities globally in different countries, such as Mexico, the United States, and Canada. This is due to various factors, such as the practice of nearshoring, but… what happens, in fiscal terms, when a worker is sent to another territory?
Discover the IMSS inbox
On July 9, 2020 DECISION ACDO.AS2.HCT.240620/170.P.DIR, passed by the Technical Board in its meeting held on June 24, 2020 and its Single Appendix, was published in the Federal Official Gazette, by means of which the General Guidelines for the Use of the IMSS Inbox were approved. This Decision came into effect on August 3, 2020.
Fiscal discrepancy: Taxpayers in trouble with instant billing?
The Tax Administration Service (SAT for its acronym in Spanish) and the Mexican Banking Association (ABM for its acronym in Spanish), entered into an agreement on November 19 of this year for the purpose of generating automatically a Tax Receipt at the time of making a payment through a bank terminal in any commercial site, as consideration for the purchase of a good or service by any person, whether by natural or legal person.
Does your company comply with the 2019 Electronic Accounting requirements?
Since 2015, the tax authorities formally required the sending of accounting information through electronic sources, including trial balance, chart of accounts, information concerning journal entries and auxiliary ledgers, through amendments published in the Miscellaneous Tax Resolution; the authority has modified the technical requirements and information required in order to fulfill this requirements.
Will 3D printing soon be the origin of 40% of the production of the components of an airplane?
3D printing technologies are announced as one of the most important developments in the next few years in industrial production, including the aeronautical sector. We invite you to discover what are the possible advantages for companies in the aerospace sector.
Deduction of payments abroad
The deduction of payments abroad is an increasingly recurrent issue in the day-to-day operations of companies, as commercial transactions with foreign-based companies have become common, largely due to current technological capabilities and the way businesses operate.
Article 76-A of the Income Tax Law (ISR) Implications for transfer pricing
Mexico, as a member of the Organization for Economic Cooperation and Development (OECD) as well as the Group of 20 of the most industrialized countries (G20) and other international organizations, is committed to participating and implementing in its legislation the international agreements reached regarding cooperation in the exchange of information and coordination of efforts in fiscal matters.
Mergers, acquisitions and valuation: deal breakers and how to avoid them
If acquisition or merger transactions are not adequately supervised, they can end up in negative scenarios for the companies involved.