Mexico Approves Pending Protocol to Tax Treaty with Spain

On 27 April 2017, Mexico's Senate approved for ratification the pending protocol to the 1992 income and capital tax treaty with Spain ({News-2017-02-07/T/3- previous coverage}). The protocol, signed 17 December 2015, will enter into force three months after the ratification instruments are exchanged and will generally apply from the date of its entry into force.