The Legal 500 > Latin America > Mexico > Tax > Tax
Focus on...Tax in Mexico
The fact that parties participating in commercial transactions offset amounts payable between them constitutes a common practice today. In Mexico, this practice has been carried out in respect of the amount of commercial transactions, as well as VAT related thereto. This situation by no means implied the non-payment of the referred tax but the offsetting …
Contributed by Chevez Ruiz Zamarripa
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