Following the approval publication in the Official Gazette, the only pending step for Mexico is the deposit of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (Multilateral Instrument of MLI) with the Organisation for Economic Co-operation and Development (OECD).On 22 November 2022, the MLI approved by the Mexican Senate and the Mexican President was published in the Federal Official Gazette. Following publication in the Official Gazette, the MLI must be deposited with the OECD to complete the ratification and notification process.As highlighted in EY Global Tax Alerts, Mexico takes first steps to...