On December 9, 2019, the Decree that amends, modifies and
repeals provisions of the Income Tax Law, the Value Added Tax Law,
the Excise Tax Law and the Federal Tax Code was published in the
Federal Official Gazette.
The amendments published and generally enforceable as of January
1, 2020, have as their main objective to incorporate into Mexican
tax law the recommendations issued by the Organization for Economic
Cooperation and Development (OECD) in the BEPS Project, with the
purpose of tackling tax avoidance and evasion at an international
level.
In addition, the tax reform seeks to establish a new regulatory
framework to reinforce the ability of the tax authority to prevent
tax evasion that results from aggressive tax planning, use of
fraudulent invoices and outsourcing. Finally, the reform sets forth
a new tax regime applicable to the digital economy in Mexico, by
including measures to tax those who perform activities in Mexico
through technological platforms and
