Mexico Publishes Tax Amendments

The government of Mexico on 18 July 2017 adopted a number of amendments to the Miscellaneous Tax Resolution for 2017. These amendments were published in the Official Gazette. Among the amendments, important provisions include:  

Repatriation of Capital Provisions

The amendments incorporate the provisions of the Presidential decree announced in January 2017 to allow Mexican residents to repatriate certain undisclosed offshore assets and pay only an 8 percent tax, with certain lim…