Prorated Expenses, Finally Deductible | White & Case LLP International Law Firm, Global Law Practice
Prorated Expenses, Finally Deductible

Prorated Expenses, Finally Deductible

As of October 17, 2014, expenses incurred abroad on a pro-rated basis with parties that are not income tax payers in Mexico will be fully deductible to the extent certain requirements are met. The foregoing is pursuant to a new rule issued by the Mexican Revenue Service Administration ("SAT") and published in the Official Gazette on October 16, 2014.

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