mexico2014跨国购并税务问题.pdfVIP

KPMG INTERNATIONAL Taxation of Cross-Border Mergers and Acquisitions Mexico 2 | Mexico: Taxation of Cross-Border Mergers and Acquisitions Mexico Introduction • Where remuneration payments are made to employees that are partially exempt, only 47 percent of payments Foreign investment in Mexico by multinationals has considered as exempt for the employee – for social substantially increased over the past decade, thanks partly welfare items, saving funds, final payment to employees, to the extensive network of tax and trade agreements annual bonuses and overtime – is deductible. concluded, particularly in recent years, with Mexico’s most important financial and trading partners. These include • Commencing in 2014, the value added tax (VAT) rate in the the United States (US), Canada, some Central and South border zone increases from 11 percent to 16 percent. American countries, the European Union (EU) and some Asian countries. The main purposes of these agreements are Asset purchase or share purchase the elimination of double taxation on income and capital, and custom duties in international trade. An acquisition in Mexico can take the form of an asset deal or a share deal. Domestic regulations on foreign investment and on the transfer of technology have also been relaxed. According to the Mexican tax rules, on a business acquisition, the vendor a