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November 17, 2016

Updated U.S.-Mexico Accord Lets Maquiladoras Avoid Double Taxation

Luis Ramirez, Principal
ASL International Group

U.S. taxpayers with maquiladora operations in Mexico won’t be exposed to double taxation if they enter into a unilateral advance pricing agreement (APA) with Mexico’s tax agency under terms that were negotiated by the U.S. and Mexico.

The companies would have to reach the agreements with the Large Taxpayer Division of Mexico’s tax agency, the Servicio de Administración Tributaria (SAT). (more…)

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Categories: International Business Issues
Tags: Avoid, Double taxation, Maquiladora operations, Mexico, SAT, U.S.,

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