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Mexican Tax Authorities Enact Amendment for Pro-Rata Expense Deduction Eligibility

|Approved Changes|Mexico
Mexico

On 16 October 2014, the Mexican Tax Authorities enacted and published amendments to the 2014 Administrative Tax Regulations in the Official Federal Gazette. The amendments include regulations for the deductibility of pro-rata expense allocations made by nonresidents to Mexican residents. The amendment reinforces and expands upon a decision of the Mexican Supreme Court of Justice in April 2014 t…

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