The Tax Administration Service (SAT) reported that it renewed a tax agreement with the United States government on the maquiladora regime to avoid double taxation and ensure that maquilas contribute equitably in Mexico. The Internal Revenue Service (IRS) of the United States and the SAT agreed to renew
An analysis of the World Trade Organization (WTO) highlighted that online e-commerce platforms have seen significant growth since the start of the Covid-19 pandemic. Amazon, a US-based e-commerce company, posted revenue of $ 75 billion in the first three months of the year, averaging $ 33 million an
Container traffic growth in the world’s ports slowed to 2% in 2019, up from 5.1% in 2018, the United Nations Conference on Trade and Development (UNCTAD) estimated. In 2019, some 811.2 million TEUs were handled in container ports around the world, reflecting an additional 16.0 million TEUs compared
Regarding the debate on subcontracting, the Swiss-Mexican Chamber of Commerce and Industry Switzerland recognizes the initiative of the Government of Mexico to regulate a contracting scheme that has allowed, in its irregular exercise, simulation, tax evasion and avoidance, and has deprived workers of their rights. However, the Chamber
The Federal Economic Competition Commission (Cofece) approved a concentration promoted by Infinity Engineered and Air Springs Mexico, among other companies, in the auto parts sector. First of all, on September 1, 2020, Infinity Engineered Products, LLC (Infinity Engineered); Infinity Products Intermediate Holdings LLC (Infinity Products); Air Springs Mexico
Grupo México was awarded three of the six Silver Helmets («Cascos de Plata») awards that were awarded in the 2020 edition and that recognize the mining units with the best safety indexes in Mexico. According to the Mining Chamber of Mexico (Camimex), this award recognizes the daily work