Tag Archives: Mexico

Investment Protection in Latin America: Mexico Takes One Step Forward, Venezuela Takes Two Steps Back

Mexico has signed the Convention on the Settlement of Investment Disputes between States and National of other States, better known as the Washington Convention or theICSID Convention. This important development is expected to make Mexico considerably more attractive for foreign investors. In contrast, the Venezuela National Constitutional Assembly, which was formed in mid-2017 – many … Continue Reading

Mexico’s General Law on Administrative Responsibilities: Preventing and Fighting Corruption

In 2015, Mexico embarked on sweeping constitutional reforms that created the National Anticorruption System, empowering competent authorities at all governmental levels to prevent and fight corruption. As part of these reforms, in July 2016, several key pieces of legislation were amended and four new laws were enacted – among them the General Law on the … Continue Reading

Mexican Government Proposes Tax Incentives on IT Services and R&D Activities for 2017

As part of the 2017 economic budget and proposed tax reform, the Mexican government intends to incentivize a couple of activities that may be intertwined: first, by allowing information technology (IT) services to qualify as an export subject to 0 percent value added tax (VAT), as opposed to the 16 percent general VAT rate; and … Continue Reading