English

OECD BEPS NEWS-Multilateral Convention and CbC Reports

Publicada en

On July 2013, the Organization for Economic Co-operation and Development (“OECD”) issued a plan consisting of 15 Actions to fight tax base erosion and profit shifting by multinational enterprises known as “BEPS”. Action 13 of the plan consists on performing a new transfer pricing documentation analysis, while Action 15 suggests implementing a multilateral agreement by […]

English

Obligation to Report Income and Transactions in Countries Listed Under the Income Tax Law

Publicada en

The recent amendments to the Omnibus Tax Ruling for 2016, restarts the obligation for Mexican residents with investments in certain countries, to report their income and transactions that have been carried out through foreign vehicles or legal entities located in jurisdictions such as: the Netherlands Antilles (Bonaire, Curacao, Saba, St. Eustache, St. Maarten), Aruba, Bahamas […]