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Mexico City, April 15th, 2021.   As a result of the tax reform in force as of January 1st, 2021, article 30 of the Federal Fiscal Code was amended to require taxpayers to permanently keep as part of their accounting records certain documentation and information in addition to that already required, particularly that related toLeer más

Mexico City, April 14th, 2021.   In the early morning of April 14th, 2021, the plenary session of the Lower House of Congress (the Chamber of Deputies) approved the project presented by the Joint Commission of Labor, Social Walfare, Public Finance and Public Credit, to amend, add and repeal several provisions in terms of subcontractingLeer más

Mexico City, April 13th, 2021. On the occasion of the constitutional reform published in the Federal Official Gazette on March 11th, 2021 regarding the Judicial Power of the Federation, on April 8th, 2021 the Plenary of the Mexico’s Supreme Court of Justice (SCJN for its acronym in Spanish) approved the General Act Number 1/2021, byLeer más

Mexico City, April 12th, 2021.   On April 8, 2021, the Federal Economic Competition Commission (the “Commission”) updated the Merger Notification Guidelines (the «Guidelines») which were published in the Federal Official Gazette, which contains amendments to the first version published in 2015. The Guidelines are intended to be a tool for economic agents who intendLeer más

Mexico City, April 5th, 2021.   As of March 23rd  of this year, Financial Institutions are obliged to collect and retain geolocation data in real time of users who open accounts, enter into contracts or carry out operations through digital platforms. This, in accordance with the Resolution that reforms, adds and repeals various general provisionsLeer más

Mexico City, March 30th, 2021.   As it is publicly known in Mexican legal community, the amendments and additions to several provisions of the Electric Industry Law (EIL) are considered to be contrary to the purposes of the amendments to articles 25, 27 and 28 of the Political Constitution of the Mexican United States, publishedLeer más

Mexico City, March 29th, 2021.   On March 26th, 2021, the Mexican President sent to the Chamber of Deputies a bill of amendments to modify the Hydrocarbons Law.   With the referred bill of amendments, the main purposes of the federal government are: (i) to strengthen the State-Owned Productive Company known as PEMEX (“PEMEX”), andLeer más

Mexico City, March 10th, 2021.   On March 9th, 2021, the Energy Ministry published in the Federal Official Gazette a Decree by means of which the Electricity Industry Law was amended (the “Decree”). The Decree follows the bill of amendments submitted by the Mexican President to the Federal Congress on February 01st, 2021 under theLeer más

Mexico City, February 25th, 2021.   On February 16th, 2021, the Ministry of Communications and Transportation, issued an Administrative Agreement approving the Institutional Programs for the Integral Port Administrations 2020-2024 (Programas Institucionales de las Administradoras Portuarias Integrales) (the “Agreement”). The Agreement provides the required steps and procedures to satisfy, increase, optimize and maintain the currentLeer más

Mexico City, February 12th, 2021.   On December 31st, 2020, “the Decree establishing the actions to be taken by the agencies and entities that make up the Federal Public Administration, within the scope of their competences, to gradually replace the use, acquisition, distribution, promotion and importation of the chemical substance called glyphosate and the agrochemicalsLeer más