KPMG article: Reconsidering maquiladoras in light of recent tax reforms in Mexico

Why businesses may need to reconsider their Maquiladora tax regime structures

Download PDF
Share
September 23, 2024

A large portion of the manufacturing industry in Mexico is structured under the Maquiladora tax regime (MTR), which is an optional tax regime under which a principal’s ownership of machinery and equipment in Mexico does not create a fixed place of business in Mexico for tax purposes. The transfer pricing calculations of the MTR differ from those applicable to taxpayers operating under the general tax regime (GTR), which are aligned with the OECD transfer pricing guidelines.

Read a September 2024 report* prepared by KPMG LLP tax professionals that explains recent Mexican tax reforms and why businesses may need to reconsider their MTR structures and evaluate whether restructuring into the GTR would be advisable.

 

* This article originally appeared in Tax Notes International (September 9, 2024) and is provided with permission.

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline