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Mexico Launches Website for New Mandatory Disclosure Requirements

|Approved Changes|Mexico
Mexico

The Mexican Tax Administration (SAT) has launched a website for the country's new mandatory disclosure requirements. The new requirements apply from 1 January 2021 and include that tax advisors or taxpayers, as appropriate, must disclose information on reportable schemes. This applies for reportable schemes from January 2021, as well as reportable schemes designed, marketed, organized, implemented, or administered in 2020, and schemes from earlier years, the effects of which are reflected in…

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