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Monday, February 18, 2013

Mexico’s Tax Amnesty Program is Now in Effect!

Mexico’s tax amnesty program “ponte al corriente” has been finally approved by Congress.  Under this program, taxpayers will be able to save up to 100% of penalties and interests and up to 80% of pre-2006 taxes.  The press release, issued today by the Mexican tax authorities, is available here.  The link to the official filing tutorial, FAQs, and electronic filing sites is available here.  The program expires on May 31, 2013.

Mauricio Leon de la Barra is an international law attorney licensed to practice law in Mexico and California, and has more than 15 years of experience representing clients in cross-border business and real estate transactions and litigation involving international, U.S. and Mexican laws.