On October 26, Mexican Congress approved the 2022 tax reform, which amended, added or repealed several provisions of the Mexican Income Tax Law (“MITL”), the Value Added Tax Law (“VATL”), the Excise Tax Law (“LIEPS” for its acronym in Spanish), the Federal Fiscal Code (“FFC”), among other regulations; such reform was submitted to Congress on September 8, 2021 by President López Obrador. Until today, its publication in the Official Gazette is still pending.
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