Thomson Reuters Releases 2010 Edition of Mexico Tax, Law and Business Briefing

Proactively prepare for new tax laws and reduce risk of audits

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Mar 02, 2010, 12:30 ET

NEW YORK, March 2 /PRNewswire-FirstCall/ -- The Tax & Accounting business of Thomson Reuters recently updated its Mexico Tax, Law and Business Briefing book to help companies comply with Mexico's new tax and finance legislation changes, explore opportunities for minimizing the change impacts, and proactively manage audit risk.

"The number of audits conducted by the Mexican Tax Administration is expected to dramatically increase," said Gary Brown, senior director at WorldTrade Executive (WTE), Thomson Reuters. "The Administration is bolstering its collection efforts to generate more revenue. And NAFTA's unusual audit procedure permits auditors from one country to access exporters and producers in other countries. Consequently, the Administration is auditing the records of importers in Mexico as well as exporters and producers in the U.S. and Canada."

The 2010 edition of Mexico Tax, Law and Business Briefing, published under the WorldTrade Executive brand, helps prepare for these audits.

The book has been updated with details of the latest laws, new case studies, and trusted analysis, addressing the following:

Mexico Tax Amendments for 2010
Defending Against Tax Assessments
Taxation of Cross Currency Swaps
Tax Developments Affecting M&A
Guide to Avoid Creating a Permanent Establishment
Transfer Pricing Rules in Mexico
New Pension Fund Rules Allow Managers More Freedom to Pick Stocks
New Trends in Governmental Contracting in Mexico
Avoiding Unnecessary Duties on NAFTA Imports
Mexico's Energy Reform
New Insurance Company Obligations

Contributors to the Mexico Tax, Law and Business Briefing include experts from many of the leading law and accounting firms and senior executives operating in the region.

More information on the Mexico Tax, Law and Business Briefing is available at http://www.wtexecutive.com or by contacting Jay Stanley at Thomson Reuters at 978-287-0391 or [email protected]. Thomson Reuters also publishes the authoritative Latin American Law & Business Report, Practical Mexican Tax Strategies, and Practical Latin American Tax Strategies, all under the WorldTrade Executive brand.

About Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries. For more information, go to www.thomsonreuters.com.

The Tax & Accounting business of Thomson Reuters is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Headquartered in New York, Tax & Accounting has major operations in Dallas, Ann Arbor (Michigan), London, Sydney, and Toronto, and offices in nine countries. For more information, go to http://thomsonreuters.com/products_services/taxacct/.

SOURCE Thomson Reuters