PODCAST

Mexico’s Labor Reform Redux

Destination Country X, Episode 05-2021 | Action needed now: August 1 deadline to comply with new rules

Kimberly Majure

Kimberly Majure

Principal, International Tax, KPMG US

+1 202-533-5270

Kortney Wallace

Kortney Wallace

Principal, International Tax, KPMG US

+1 313-230-3056

Marcela Adriana Calderon Agiotia

Marcela Adriana Calderon Agiotia

Partner, Legal Employment Tax Services, KPMG in Mexico

+55 52468395

Armando Lara Yaffar

Armando Lara Yaffar

Partner, Head of International Tax Services, KPMG in Mexico

+52 5552468300

Podcast overview

Last fall, we talked about a labor reform initiative making its way through the Mexican Congress. The initiative would treat intercompany services companies as illegal—forcing the restructuring of many, if not most, Mexican operations. The newly minted rules have just hit the desk and go into effect on May 1, 2021.  Companies will have three months to restructure or face stiff labor and tax sanctions.

Joining Kim Majure is co-host Kortney Wallace; rejoining to provide updates and insights are Marcela Calderon, head of Labor and Employment Law from KPMG Mexico, and Armando Lara, head of International Tax, also from KPMG Mexico.

 

More KPMG Destination Country X podcast episodes

 

Destination Country X: Mexico's New Labor Proposals and Tax Implications for Mexican Operations

December 7, 2020 | Episode 05-2020 | Proposed new labor laws in Mexico may affect Mexican operating company employment arrangements and their taxation

December 7, 2020 | Episode 05-2020 | Proposed new labor laws in Mexico may affect Mexican operating company employment arrangements and their taxation

U.S. International Corridors

Helping companies navigate challenges of investments to, and from, developed countries and emerging markets

Helping companies navigate challenges of investments to, and from, developed countries and emerging markets