ARTICLE · 21 OCTOBER 2016

APA Maquila

Basham, Ringe y Correa, S.C.

Contributor

Basham, Ringe y Correa, S.C.

Basham, Ringe y Correa, S.C.

Basham is a full-service law firm with a strong presence in Latin America. Established in Mexico in...

View firm profile

Explore more from Basham, Ringe y Correa, S.C.

The firm's tax and foreign trade legal areas will be pleased to provide more details on this matter and its effects.

MexicoTax

Gerardo Nieto Martínez

Gil Alonso Zenteno

Alejandro Barrera

Víctor Barajas

Author LinkedIn connections

On October 14, 2016, the Tax Administration Service ("SAT") and its U.S. counterpart, the Internal Revenue Service ("IRS"), sent similar press releases to announce the culmination of two years of collaboration to establish a new transfer pricing procedure to avoid double taxation in the maquiladora industry.

This new framework proposes to solve more than 700 requests for criteria confirmation filed by companies of the maquiladora industry with SAT as of this date.

The details of taxpayers who may qualify to benefit from this agreement and the procedure and specifications to apply for such benefit, will be announced shortly by SAT. Those taxpayers that decline to apply for this new framework, may apply via the current "safe harbor" method.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

La SCJN Determina Inconstitucionalidad De La Tasa Del Impuesto Sobre La Adquisición De Inmuebles Vigente En 2024 En La Ciudad De México.

Von Wobeser y Sierra, SC

The Executive Who Stayed Too Long: When Global Mobility Creates A Permanent Establishment In Mexico

GGI | Global Alliance

Paquete Económico 2027: lo que las empresas deben anticipar

Vázquez Tercero & Zepeda

2027 Tax Reform

Galicia Abogados S.C.

2027 Economic Package Bill

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Tax
- Tax Treaties
- Transfer Pricing

Related Comparative Guides

Comparative Guide

Tax

Comparative Guide

Tax Disputes

See more popular content from

TaxBasham, Ringe y Correa, S.C.

Paquete Económico 2027 – Propuesta De Reforma Fiscal

El Ejecutivo Federal presentó el Paquete Económico 2027 ante el Congreso, proponiendo cambios significativos en la Ley del Impuesto sobre la Renta y la Ley de Ingresos de la Federación. ¿Cómo afectarán las nuevas limitaciones a deducciones, pérdidas fiscales e intereses la tasa efectiva de tributación de las empresas mexicanas?

Greenberg Traurig

2027 Economic Package Bill

Mexico's tax authority has submitted the 2027 Economic Package Bill, proposing significant amendments to various tax provisions including changes to the Simplified Trust Regime, new control mechanisms for deductions, and modifications to interest deduction limits. The bill introduces tax incentives for capital repatriation and share sales while eliminating certain optional regimes, though all provisions remain subject to legislative modification.

2026 Economic Package

On Sept. 8, the Federal Executive Branch presented the Economic Package for 2026 ("EP 2026"), which includes various tax amendments, including the increase of certain taxes.

2027 Tax Reform

This page outlines the copyright protections and usage restrictions for content published on the Galicia Abogados website, governed by Mexican and international copyright laws. It specifies permitted personal and educational uses while prohibiting unauthorized alterations or removal of copyright notices.

Galicia Abogados S.C.

Tax Overview

Mexican resident corporations are subject to a federal corporate income tax at a rate of 30%. The rate will be reduced to 29% in 2013 and to 28% starting 2014.

Ortiz, Sosa, Ysusi Y Cía, S.c.

VAT Refunds In Mexico: What To Expect

Obtaining a VAT refund in Mexico involves navigating a complex verification process that extends well beyond statutory timeframes. The Mexican tax authority conducts comprehensive reviews of all transactions, requiring extensive documentation that demonstrates both substance and form, with particular scrutiny on asset acquisitions, equity contributions, and bank records.

GGI | Global Alliance

Thoughts On The Criterion Of The Mexican Supreme Court Of Justice Which Will Complicate Commercial Transactions By Hindering The Offsetting Of Amounts For Purposes Of The Value Added Tax (VAT).

The fact that parties participating in commercial transactions offset amounts payable between them constitutes a common practice today.

Modificaciones Fiscales Para 2026

El pasado 7 de noviembre, en la edición vespertina del Diario Oficial de la Federación, se publicaron diversos Decretos mediante los cuales...

Vázquez Tercero & Zepeda

The Executive Who Stayed Too Long: When Global Mobility Creates A Permanent Establishment In Mexico

When a foreign executive extends their stay in Mexico to lead operations, negotiate terms, or direct personnel, they may inadvertently create permanent establishment exposure for their company—regardless of how many days they've spent in the country. The real risk isn't crossing the 183-day threshold; it's about where decisions are made, what authority is exercised, and whether the foreign enterprise is effectively conducting business through a fixed place or dependent agent in Mexico.

GGI | Global Alliance

Paquete Económico 2027: lo que las empresas deben anticipar

El Ejecutivo Federal presentó el Paquete Económico 2027 ante el Congreso de la Unión, combinando expectativas moderadas de crecimiento con un objetivo de mayor recaudación tributaria.

Vázquez Tercero & Zepeda

Unidad de Inteligencia Financiera

Los abogados del área de Administrativo se encuentran a sus órdenes para resolver cualquier duda sobre lo anterior.

MexicoInternational Law

Basham, Ringe y Correa, S.C.

Reforma al código penal federal: Cobranza Extrajudicial Ilegal

El 22 de junio de 2017 se publicó en el Diario Oficial de la Federación, decreto por el cual se reformó el Capítulo I del Título Decimoctavo y se adicionó el artículo 284 Bis del Código Penal Federal.

MexicoCriminal Law

Basham, Ringe y Correa, S.C.

Sign Of The Comprehensive And Progressive Agreement For Trans-Pacific Partnership

On March 8, 2018 the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was signed in Santiago de Chile.

MexicoInternational Law

Basham, Ringe y Correa, S.C.

Infrastructure Projects In Mexico

Infrastructure Projects in Mexico

MexicoReal Estate and Construction

Basham, Ringe y Correa, S.C.

It Is Announced The Temporary Suspension Of The Invitation To Tender Bids For The Mexico – Queretaro High Speed Train Project

On January 30, 2015, the Treasury Department announced the temporary suspension of the invitation to tender bids for the Mexico-Queretaro high speed train project.

MexicoTransport

Basham, Ringe y Correa, S.C.

Energy Supplemental Laws Geothermal Energy Act

On April 30, 2014, the Federal Government submitted to the federal Congress a draft of supplemental laws related to the energy reform...

MexicoEnergy and Natural Resources

Basham, Ringe y Correa, S.C.

Mexico Launches The National Anti-Corruption System

Derived from a constitutional amendment in 2015 in matters of Anti-Corruption, and in relation to the secondary laws which enact the so-called National Anti-Corruption System...

MexicoCriminal Law

Basham, Ringe y Correa, S.C.

Suprema Corte de Justicia Resuelve Primer Amparo Contra Limitantes Legales a las Deducciones

La Segunda Sala de la Suprema Corte de Justicia de la Nación resolvió un recurso de revisión en el que analizó la constitucionalidad de diversas limitantes a las deducciones para determinar el impuesto sobre la renta.

Basham, Ringe y Correa, S.C.

Extended Due Date For The Enforcment Of The New Electronic Foreign Trade Payment (PECE)

On June 14, it was published on the official gazette, the "Agreement that modifies the Rules for tax collection by the financial institutions" which extends until September 17, 2018, the entry into force of the new scheme for electronic payment of customs duties and taxes, known as "Electronic Payment Foreign Trade (PECE)".

Basham, Ringe y Correa, S.C.

Respondent Firms To The TrustLaw Index Of Pro Bono 2016

134 law firms participated in this year's Index of Pro Bono. Of these, 127 firms provided data on the levels of pro bono engagement among their lawyers.

MexicoCorporate/Commercial Law

Basham, Ringe y Correa, S.C.