Corporate tax advisers are urging Mexico to clarify a new law that requires companies to withhold a portion of value-added taxes on the outsourcing services their clients use.
A 16 percent value-added tax (VAT) will be tacked onto digital services starting on June 1, 2020. The law will apply to all services, even B2B transactions.
As of June 1, 2020 Mexico will start imposing VAT on Digital Services, according to the bill approved by Congress back in October 2019. The measure will immediately impact all foreign businesses providing digital...
Copyright 2018 © - All Rights Reserved - Website design by MooseNL - Digital Agency