Creation of the National Trade Facilitation Committee
On January 22, 2021, the Agreement creating, on a permanent basis, the National Trade Facilitation Committee (hereinafter the “Agreement”) was published in the Official Gazette of the Federation (“DOF”). The purpose of the creation of the National Trade Facilitation Committee (the “Committee”) is to facilitate coordination among the agencies, entities of the Federal Public Administration […]
Amendments to the Federal Telecommunications and Broadcasting Law
On January 12, 2021, the Reform Decree was published in the Official Gazette of the Federation (“DOF”), which adds a section IV to subsection A) and section IV of item B) of Article 298 of the Federal Telecommunications and Broadcasting Law (the “Reform Decree”).
Proposed disappearance of the Federal Institute of Telecommunications
At the morning conference on January 7, 2021, the President of the Mexican Republic, Andrés Manuel López Obrador, stated his intention to present a reform initiative to eliminate several autonomous agencies, including the Federal Telecommunications Institute (“IFT”) and the National Institute of Access to Public Information, in order to reduce public spending.
Tax Reform 2021
On December 8, 2020, the Decree amending, adding and repealing several provisions of the Income Tax Law, the Value Added Tax Law and the Federal Tax Code (the “Decree”) was published in the Official Gazette of the Federation (“DOF”), which became effective on January 1, 2021.