MEXICO

In the area of taxes, the company requires strict client compliance with tax laws; nevertheless, it also recommends that clients take advantage of the maximum advantages and options permitted by laws, technically supporting the decisions that favor more their interests.

Services in this area include the following:

• Prepare, review, and file declarations of provisional and definitive tax payments
• Prepare and process tax returns
• Analyze and client consulting for a maximum tax and financial business position
• Client assistance in establishing basic systems for fiscal compliance and the controls needed for compiling the required information
• Processing inquiries and authorizations with the tax authorities
• Backing clients during tax authority reviews
• Review of the employee profit sharing calculation
• Periodic technical bulletins for clients.

Our services consist of the following payments:

• Income tax
• Flat rate business tax
• Value-added tax
• Special tax on production and services
• Property tax
• Local payroll taxes
• Payments to the Instituto Mexicano del Seguro Social
• INFONAVIT payments.

 

Consulting

As a part of our services, we advise our clients on the interpretation and compliance with federal and local tax guidelines. When requested, we attempt to have constant contact with our clients for their compliance with tax guidelines as they are published.

Expatriates

Foreigners working in Mexico are required to pay taxes in Mexico when, in line with Mexican laws, they acquire tax residence in the country. BDO assists both employers and employees to comply with tax obligations by applying treaties signed by Mexico to avoid double taxation. Further, we assist in registering expatriates with the Federal Taxpayer Registry, the Ministry of Finance, in the monthly and annual calculation of taxes, and the equalization analysis, among others.

Transfer pricing

The adequate documentation during a tax audit, in addition to being required, is a good investment that minimizes risks.

The adoption of a strategic approach in transfer pricing that covers operational and tax planning helps to minimize worldwide tax obligations and improves the profitability of transactions.

We offer the following transfer pricing services:

• Consulting
• Preparation and review of Transfer Pricing studies
• Preparation and review of affidavits
• Planning and design of corporate transfer pricing strategies
• Attention to inspections and responses to summonses.