New U.S.-Mexico Cross Border Corporate Tax Challenges
Planning and Compliance Strategies After the Latest Mexican Tax Reforms
Recording of a 100-minute CPE webinar with Q&A
This seminar will update U.S. corporate tax professionals with the latest developments in U.S.-Mexico cross-border tax compliance. The panel will provide the tools to ensure accurate compliance and minimize tax liability through effective planning.
Outline
- Transfer pricing issues in Mexico
- Increase in audit activity
- New disclosure requirements in annual tax report, progress of discussions
- Recent cross-border tax planning developments and opportunities
- Changes in the Mexican withholding system
- IETU and eligibility for U.S. foreign tax credit
- Repatriation decree
- Mexican treaty network update
- Issues for maquiladoras and U.S. manufacturers
- Supply chain restructuring strategies
- Advantages of setting up a maquiladora operation
- Tax incentives
- Mexican inbound considerations and opportunities for multijurisdictional manufacturers and sales structures
- OECD working documents
- Document on restructuring
- Document on attribution of profits
Benefits
This panel will discuss tax laws and accounting strategies on new laws and emerging developments including:
- The new flat tax: What goes into the tax base, and how can business taxpayers qualify for credits?
- The new tax on cash deposits: What it applies to, and how to obtain credits and offsets.
- The 2007 tax reform law: Key changes in the corporate income tax law and preferential tax regimes (REFIPRE).
- The 2007 maquiladora reorganization: Income and value-added tax implications.
Faculty

Enrique Hernandez-Pulido
Partner
Procopio Cory Hargreaves and Savitch
He specializes in international tax planning, with a focus on business and transactions between the U.S. and Mexico.... | Read More
He specializes in international tax planning, with a focus on business and transactions between the U.S. and Mexico. Previously, he served as a tax counsel for the Mexican government. He is a past chair of the International Committee of the Taxation Section of the State Bar of California.
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Simon Somohano
Partner
Deloitte
He has over 14 years of experience in U.S.-Mexico tax issues, with a specialty in the international planning aspects of... | Read More
He has over 14 years of experience in U.S.-Mexico tax issues, with a specialty in the international planning aspects of transfer pricing. His clients include Fortune 500 companies and several maquiladoras. He speaks and writes frequently on Mexican tax developments.
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Luis C. Carbajo
Partner
Baker & McKenzie
He has practiced tax law in Mexico for over 20 years. He specializes in cross-border tax planning, VAT and indirect... | Read More
He has practiced tax law in Mexico for over 20 years. He specializes in cross-border tax planning, VAT and indirect taxes, and state and local tax.
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CPE credit is not available on downloads.
On-Demand Seminar Audio