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Mexico - Taxation of foreign exchange results

Country:
Mexico
Author:
R. Vargas; T. Grosselin; K. van 't Hek
Issue:
Derivatives & Financial Instruments, 2009 (Volume 11), No 3
Published:
1 June 2009
This article summarizes the Mexican tax treatment of foreign exchange gains and losses, as well as foreign exchange forwards entered into between a Mexican company and a non-resident. This topic is considered against the backdrop of the current global economic downturn and the effects of the worldwide financial crisis.
 
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