By RICARDO CASTILLO Fake Invoicing Party Is Over Slowly but surely, Mexico’s Tax Administration Service (SAT) and the country’s fiscal attorney general are going after those who practiced what became during the past administration the most popular sport among businessmen: tax evasion. Fiscal Attorney General Carlos Romero announced his office was issuing culprits a warning salvo to straighten up their
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By RICARDO CASTILLO Government Downsizing The exact significance of politically oriented economic moves is inevitably in the eye of the beholder. This past week, there several events occurred in Mexico that have been interpreted according to different interests. Businessmen generally consider downsizing a natural move to make a company more profitable But in terms of government cuts, that same downsizing
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By RICARDO CASTILLO Pressure to Restart Work Pressure on the Mexican government to get the economy going again is mounting from all sides. Health Secretary Jorge Alcocer, who is responsible for determining which municipalities and industries can reopen, however, does not yet have an answer. “In general there are approximately 990 municipalities applying to restart, but only about a third
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By RICARDO CASTILLO Mothers and Doctors The Mexican Public Health Secretariat, the National Social Security Institute (IMSS) and the National Institute for Social Security and Services for State Workers (ISSSTE) reported that the 9,600 female doctors on call due to the covid-19 spent Sunday, May 10, Mother’s Day, on duty. The report was made by the nongovernmental organization Mom Doctors,
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By RICARDO CASTILLO Mexican Constitution Day Though officially sessions for both houses of the Mexican Congress kicked off on Saturday, Feb. 1, the first gathering to discuss legal issues will be on Mexico’s Constitution Day, Feb. 5. By now, 14 months after he was sworn in, President Andrés Manuel López Obrador (AMLO) has most of his campaign legislative agenda laid
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Heavy Lifting
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By RICARDO CASTILLO Mexico at Odds with Bolivia Diplomatic relations between Bolivia and Mexico are heading toward higher tensions as La Paz demands that Mexico deliver four out of nine people who have sought and been granted asylum in the Mexican Embassy in Bolivia. Mexican Foreign Relations Secretary Marcelo Ebrard announces in early morning of Thursday, Dec. 26, that he would
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By RICARDO CASTILLO USMCA Is a Done Deal Happiness is a good trade deal. And a great Christmas gift for Mexican President Andrés Manuel López Obrador (AMLO) since it affords the country a potentially secure economic future once all of the minor hurdles have been cleared. The passage of the United States-Mexico-Canada Agreement (USMCA, or T-MEC, in Spanish), which was finally
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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico and Argentina
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By RICARDO CASTILLO With a stroke of his pen, Mexican President Andrés Manuel López Obrador (AMLO) on Monday, May 20, eliminated tax waivers for big Mexican corporations that they had enjoyed since year 2000. The tax waivers were perfectly legal. They had been awarded by former Presidents Vicente Fox and Felipe Calderón, and sustained by Enrique Peña Nieto. In total,
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