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Stricter Penalties for Non-Compliance

January 1, 2025
Stricter Penalties for Non-Compliance

Stricter Penalties for Non-Compliance

Failure to submit adequate documentation leads to strict penalties, including loss of deductibility for related-party expenses and fines per Article 82 of the Federal Fiscal Code. Timely and compliant Master and Local Files are critical for penalty protection.

Source:

OECD Country Profile: Mexico

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