Mexico has published in the Official Gazette the Decree on amendments to the Income Tax Law, the Value Added Tax Law, and the Federal Tax Code, which provides for the implementation of the tax measures of the Economic Package for 2021. Some of the main tax measures include the following:
- The amendment of the general anti-avoidance rules (GAAR) to provide that although the application of the GAAR should not result in criminal consequences, the application of the GAAR should also not impede t…