To link to this article, copy this persistent link:
(Nov 02, 2007) On October 1, 2007, the Mexican government officially published a fiscal reform package to increase the government's revenue. The fiscal laws amended are: the Income Tax Law, the Federal Fiscal Code, the Special Tax Law on Production and Services, and the Value-Added Tax Law. The package newly establishes an employment subsidy; the Federal Law of Rights in Matters of Hydrocarbons; the Federal Budget and Fiscal Responsibility Law; the Organic Law of the Federal Public Administration; the Fiscal Coordination Law; the Law of Public Sector Acquisitions, Rentals and Services; and the Public Works and Related Services Law. The package also includes the promulgation of the Tax Law on Cash Deposits, which will become effective on July 1, 2008, and the Single-Rate Business Tax Law. (DIARIO OFICIAL, Oct. 1, 2007.)
|Author:||Norma Gutierrez More by this author|
|Topic:||Economics and Public Finance More on this topic|
|Jurisdiction:||Mexico More about this jurisdiction|
Search Legal News
Find legal news by topic, country, keyword, date, or author.
Global Legal Monitor RSS
Get the Global Legal Monitor delivered to your inbox. Sign up for RSS service.
The Global Legal Monitor is an online publication from the Law Library of Congress covering legal news and developments worldwide. It is updated frequently and draws on information from the Global Legal Information Network, official national legal publications, and reliable press sources. You can find previous news by searching the GLM.
Last updated: 11/02/2007