Tax Law

In many “big” firms Tax and International Trade & Customs are generally different practice areas with different teams. This is not the case at VTZ, as we stand out with our high level of specialized and top-notch services when tax law intersects with trade & customs matters. Always with a business approach, our expertise allows us to provide services that range from reviewing taxes applicable to international trade operations, to tax planning and legal defense. Our objective is to guide our clients through the complexities of the tax system in order to optimize our clients’ effective tax rate, thereby becoming more competitive and efficient.

HOW CAN WE HELP?

Trade and Tax Related Matters

By fully understanding the regulatory mix of trade and tax, we are able to promptly review and identify those international business operations with tax effects. VTZ counsels companies in the implementation and operation of preventive and corrective practices in order to comply efficiently with their tax obligations, as well as take advantage of tax and customs incentives.

IMMEX Companies

VTZ is highly regarded as a leading law firm in IMMEX matters by industry associations, such as INDEX. For instance, we assess and counsel foreign companies that plan or have established a maquiladora to fulfil the requirements to avoid constituting a permanent establishment and benefit from a preferential tax regime; we analyse the customs and tax effects of outsourcing contracts; prepare Advance Pricing Arrangements; review the application of the Safe Harbour methodology; etc.

VAT/IEPS Tax

Avoidance of VAT or IEPS payment when importing is critical to maintain liquidity and, particularly, a competitive position. We, therefore, assist companies to obtain VAT/IEPS certification, as well as to comply with the requirements for maintenance and renewal of such certification.

Legal Defense

In cases where the Customs or Tax authorities adversely affect our client’s interests, our approach is to develop and find the most business-friendly solution. We are firm believers that alternative dispute resolution mechanisms can be the most cost and time efficient legal means in resolving disputes. Yet, if this is not possible or convenient, our experts will also be able to provide a robust legal defense, always seeking to protect our clients commercial interests.

Double Taxation Treaties

We interpret the provisions contained in tax treaties entered by Mexico with the purpose of verifying whether they apply to the operations of our clients. If that is the case, we counsel our clients so that they may benefit from such treaties.

Relevant Cases

Obtaining an advance ruling for a principal in the electronic sector to avoid constituting a Permanent Establishment in Mexico due to sales activities in the Mexican territory.

Obtaining a customs processing fee (DTA) refund of 80 million on the importation of fertilizers after a five year litigation process.

Executing the first customs settlement agreement in Mexico with a value of over 120 millions pesos, concerning the importation of goods of the medical sector.

Obtaining an advance ruling for an IMMEX company to avoid withholding VAT for the purchase of temporarily imported goods (pursuant to 2013 legislation).

Contacts

Eduardo Zepeda Grimaldo
eduardo@vtz.mx

Horacio A. López-Portillo
horacio@vtz.mx

Eduardo Gonzalez Espinosa
eduardo.gonzalez@vtz.mx