By MARK LORENZANA Mexico’s Secretary of Economy Tatiana Clouthier has resigned from her post, President Andrés Manuel López Obrador (AMLO) announced on the morning of Thursday, Oct. 6, in his daily press conference. “I regret to inform you that I received a letter from Tatiana, in which she tells me that she wants to resign from her post, but not
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OPINION By GUILLERMO VOGEL and PATRICK OTTENSMEYER U.S. and Mexican officials met in Mexico City on Monday, Sept. 12, to hold a second edition of the re-launched U.S.-Mexico High-Level Economic Dialogue (HLED). Created in 2013, the HLED has historically served as a forum through which both governments advance the strategic economic and commercial priorities for their countries. On the agenda
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By MARK LORENZANA The Mexican government has just created three new trust funds, or “fideicomisos,” despite a decree by President Andrés Manuel López Obrador in March of 2020 ordering the “extinction” of 109 trust funds to combat corruption. The beneficiaries of the three new discretionary trust funds created by the executive branch — without going through Congress — are the
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OPINION By THÉRÈSE MARGOLIS There is no accounting for how Mexico’s Treasury Secretariat’s (Hacienda) Tax Administration Service (SAT) decides who to prosecute and who to let slide, other than the fact that, like all government offices directly under Andrés Manuel López Obrador (AMLO), it takes its orders from the president. On Friday, July 29, the SAT notified the internationally disgraced
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By MARK LORENZANA According to Mexico’s Tax Administrative Service (SAT), it only takes an average of 14.7 days for taxpayers to get their refunds, but some taxpayers have complained that they had to wait for more than 69 days. In an interview with Mexican daily newspaper Reforma on Monday, July 18, Rafael, a taxpayer, said that he had already been
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By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO) said on Monday, June 27, that he will request Raquel Buenrostro, head of Mexico’s Tax Administration Service (SAT), to review the requirements on the submission of proof of tax status for taxpayers, in a bid to simplify procedures. López Obrador proposed that the SAT eliminate this requirement altogether, given the
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By MARK LORENZANA On Wednesday, June 8, Mexico’s Tax Administration Service (SAT) announced that it is extending until Jan. 1, 2023, the deadline for employees to submit their Certificate of Fiscal Situation or tax data to their employers, from the original July 1, 2022, deadline. In April of this year, the SAT imposed a new requirement for the issuance of
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By JUAN DE JESÚS BREENE If you live and work in Mexico, April 30 is your date with destiny, at least in terms of fiscal inevitability. That is the deadline Mexico’s federal law gives you to file your taxes if your yearly earnings inside the country amount to 400,000 pesos or more. For most people, ´preparing a tax return —
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By JUAN DE JESÚS BREENE Most people would agree that the most essential function of a government is to provide safety and security to its citizens. In Mexico, you would be hard pressed to find anyone who says the government is doing well when it comes to offering safety. Recent polls conducted by Mexico’s National Institute of Statistics and Geography
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OPINION By THÉRÈSE MARGOLIS Somehow the irony of demanding that the supposedly autonomous National Institute of Transparency, Access to Information and Protection of Personal Data (INAI) — which has, as its name implies, among its main duties the protection of Mexican citizen’s personal data — to hand over and publicly reveal personal information of one of his main critics seemed
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