The Mexican Tax Administration (SAT) has issued a release announcing the publication of the third list of effective income tax rates on the income of large taxpayers for fiscal years 2016, 2017, 2018, and 2019. The latest list provides effective rates for taxpayers involved in 79 economic activities and is used by the SAT in assessing tax risks. An initial list published in June 2021 provides effective rates for the same fiscal years for 40 other economic activities and the second list published in August provides rates for 84 economic activities. The SAT works to facilitate taxpayer compliance by contacting...