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Tax News

2024

12

June 12, 2024

Environmental and Social Impact
Mergers and Acquisitions
Tax

Thor Urbana toasts to vineyard deal in Baja California

Ritch Mueller represented Thor Urbana, in the acquisition of Bruma-Vinicola, a resort and vineyard located in Ensenada, Baja California. Learn more about our experience and team of professionals in the Mergers and Acquisitions and Real Estate practice areas.  Read note (subscription site)...
11

June 11, 2024

Tax

Newsflash - Constitutional Reforms to the Judiciary Branch

The result of the June 2, 2024 Mexican election is a landslide victory of Morena and associated parties led by President Andrés Manuel Lopez Obrador (AMLO). Most likely, such parties will have the majority in Congress required to pass constitutional amendments, which will be confirmed upon...
21

May 21, 2024

Tax

Newsflash - Mexico City’s ISAI: the consequences of a favorable amparo ruling

As reported in our January 30th Newsflash, since 2020 Mexico City’s Congress has approved the applicable updated rates for the real estate acquisition tax (ISAI); however, different Courts have declared this tax unconstitutional, adducing a lack of progressivity in the rates. ...
03

May 03, 2024

Tax

Newsflash - Decree granting the employment subsidy

On May 1, 2024, a Decree was published in the Official Gazette of the Federation regarding an employment subsidy (the “Decree”), which came into force on the same date.  The Decree aims to maintain benefits for low-income workers by adapting and modernizing existing employment...
16

April 16, 2024

Ritch Mueller

Ritch Mueller wins in four categories in The Legal 500 Mexico Awards 2024

On April 16th, the second edition of the "Legal 500 Mexico Awards" took place at the Hyatt Regency Hotel in Mexico City, bringing together over 300 professionals from the Mexican legal community to recognize law firms, lawyers, and in-house legal teams that excelled during 2023 We are proud to...
27

February 27, 2024

Tax

Newsflash - Renewal of the Specialized Services Providers Registry (REPSE)

On February 21, 2024, an agreement was published in the Official Gazette of the Federation amending the General Provisions for the registration of individuals or legal entities providing specialized services or carrying out specialized works referred to in Article 15 of the Federal Labor Law. ...
30

January 30, 2024

Tax

Newsflash - 2024 Amendments to Mexico City's Tax Code - Possibility to challenge property tax and real estate acquisition tax

On December 26, 2023, Mexico City’s Government published in its Official Gazette several amendments to the local Tax Code, amendments which entered into force on January 1, 2024.  As part of these amendments, Mexico City’s Congress made an inflation adjustment to the tariffs...
10

January 10, 2024

Environmental and Social Impact
Competition and Antitrust
Mergers and Acquisitions
Tax

The Mexican bluefin tuna producer Baja Aqua-Farms secures a significant investment with the support of Ritch Mueller

Ritch Mueller represented the investor consortium formed by Continental Grain Company, Organización Cultiba, Equity Group Investments, and Castle Harlan, in the acquisition of a majority stake in Baja-Aqua Farms and its subsidiaries, a leading company in the Bluefin tuna aquaculture...

2023

19

October 19, 2023

Tax

Newsflash - Mexico grants tax incentives to boost Nearshoring

Tax benefits to key export sectors aiming at optimizing their operations through nearshoring.Accelerated depreciation for new fixed assets, at rates between 56% to 89%, surpassing standard depreciation rates. Additional 25% deduction on training expenses for employees, encouraging skill...
18

April 18, 2023

Ritch Mueller

Ritch Mueller wins in two categories in The Legal 500 Mexico Awards 2023

On April 18, the first edition of the "Legal 500 Mexico Awards" took place at the Hyatt Regency CDMX, gathering more than 300 professionals from the Mexican legal community to recognize the leading legal players from private practice and in-house who have contributed to the Mexican and global...
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