Fiscal Reform Intiatives 2019
To subscribe to our newsletter click here Dear clients and friends: Please find hereunder our newsletter regarding the fiscal reform initiatives, prepared by our team of professionals at Zozayacorrea Sahagún Arizaga Abogados y Fiscalistas. Within the plans of the new government of Andrés Manuel López Obrador, is the approval of several fiscal reforms, which we briefly present hereafter, in order to provide you a better understanding of their impacts in case of its approval. The most relevant initiatives are the following: I. Reforms to the Federal Fiscal Code. II. Economic Zone of the Northern Border. III. Retention of the Value Added Tax and Income Tax on Services. IV. Special Tax on Fuels Production and related Services. V. Initiatives related to Wages and Salaries. VI. Inheritance Tax. VII. Digital Services Tax. VIII. Other proposals: Reduction of Income Tax for being a sustainable company. Religious associations as grantees. Tuition Deduction. As par...