Maquiladoras


25

Jan 2016

Changes to Operation of Maquiladoras in Mexico

Several changes to the operation of Maquiladoras in Mexico. On December 23, 2015, the Miscellaneous Fiscal Amendment (“Miscellaneous Law”) was published in the Official Gazette of the Federal Government in Mexico (“DOF”). Among the highlighted changes is that of extending the term of tax benefits for companies operating in Mexico under a shelter program, as long as they comply with the requirements detailed on the...

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17

Dec 2013

Mexico Tax Reform: Implications for the Maquiladora Manufacturing Industry

In October 2013, the Congress of Mexico passed and approved a package of laws that amend and repeal some existing tax laws and also create new tax laws that will take effect in 2014 (“Tax Reform”). Some of the laws are yet to be published in the official gazette, but most of those laws will become effective January 1, 2014. Even though the Tax Reform...

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