The tax and accounting business of Thomson Reuters recently updated its Mexico Tax, Law, and Business Briefing book, which is designed to help companies comply with Mexico's new tax and finance legislation changes, explore opportunities for minimizing the change impacts, and proactively manage audit risk.
"The number of audits conducted by the Mexican Tax Administration is expected to dramatically increase," Gary Brown, senior director at WorldTrade Executive, Thomson Reuters, said in a news release. "The administration is bolstering its collection efforts to generate more revenue. And NAFTA's unusual audit procedure permits auditors from one country to access exporters and producers in other countries. Consequently, the administration is auditing the records of importers in Mexico as well as exporters and producers in the U.S. and Canada."
The 2010 edition of Mexico Tax, Law, and Business Briefing, published under the WorldTrade Executive brand, is designed to help prepare for these audits. The book has been updated with details of the latest laws, new case studies, and trusted analysis, addressing the following:
- Mexico tax amendments for 2010
- Defending against tax assessments
- Taxation of cross-currency swaps
- Tax developments affecting M&A
- Guide to avoid creating a permanent establishment
- Transfer pricing rules in Mexico
- New pension fund rules that allow managers more freedom to pick stocks
- New trends in governmental contracting in Mexico
- Avoiding unnecessary duties on NAFTA imports
- Mexico's energy reform
- New insurance company obligations
Contributors to the Mexico Tax, Law, and Business Briefing include experts from many of the leading law and accounting firms and senior executives operating in the region.
More information on the Mexico Tax, Law, and Business Briefing is available at www.wtexecutive.com, or by contacting Jay Stanley at Thomson Reuters at (978) 287-0391 or [email protected]. Thomson Reuters also publishes the Latin American Law & Business Report, Practical Mexican Tax Strategies, and Practical Latin American Tax Strategies, all under the WorldTrade Executive brand.
About Thomson Reuters:
Thomson Reuters provides intelligent information for businesses and professionals delivers critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science, and media markets. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries. For more information, go to www.thomsonreuters.com
The Tax & Accounting business of Thomson Reuters provides technology and information solutions, as well as integrated tax compliance software and services to accounting, tax, and corporate finance professionals in accounting firms, corporations, law firms, and government. Headquartered in New York, Tax & Accounting has major operations in Dallas; Ann Arbor, Michigan; London; Sydney; and Toronto; and offices in nine countries. For more information, go to http://thomsonreuters.com/products_services/taxacct/