LEGISLATIVE INITIATIVE TO AMEND ARTICLE 2-A OF THE VALUE ADDED TAX LAW TO APPLY A 0% RATE TO ALL TYPES OF MEDICINES.
September 2rd, 2025
Dear clients and friends: On August 25, an initiative was published in the Federal Parliamentary Gazette proposing to amend section I) subsection b) of Article 2-A of the Value Added Tax Law (“LIVA”), which would have the effect of reducing the cost of all medicines. The objective of this initiative is to expand the catalog of products and services subject to the 0% tax rate from...
LEGISLATIVE INITIATIVE ADDING SECTION XVI TO ARTICLE 34 OF THE INCOME TAX LAW TO ALLOW THE DEDUCTIBILITY OF MACHINERY AND EQUIPMENT USED FOR ELECTRICITY STORAGE.
August 28th, 2025
Dear clients and friends, On August 25, an initiative was published in the Federal Parliamentary Gazette proposing the addition of Section XVI to Article 34 of the Income Tax Law (“LISR” per its acronym in Spanish), which aims to allow for the immediate deduction of 100% of investments in machinery and equipment used for electrical energy storage systems (“SAE” per its acronym in Spanish). Currently, the LISR only...
REFORM OF THE ECONOMIC COMPETITION REGIME IN MEXICO
July 17, 2025
Dear clients and friends, On July 16, 2025, a Decree amending, among others, various provisions of the Federal Economic Competition Law (“LFCE”) was published in the Official Gazette of the Federation (the “Decree”). With the Decree entering into force the day after its publication, the reform of Mexico’s economic competition regime is consolidated, following the constitutional reform on organic...
MEXICO’S LEGISLATIVE CHAMBERS APPROVES BILL TO AMEND ANTI MONEY LAUNDERING LAW
July 8st, 2025
On June 30, 2025, Mexico’s House of Representatives voted in favor of the draft decree amending, supplementing, and repealing various provisions of the Federal Law for the Prevention and Identification of Operations with Illicit Proceeds (Ley Federal para la Prevención e Identificación de Operaciones con Recursos de Procedencia Ilícita “AML Law” or the “Law”), as published in the Parliamentary Gazette (the “Bill”). The Bill can be consulted here, and has already been approved...