Tax
México: Evolution and Challenges of Food and Beverage Labeling for Importation and Marketing
The Mexican Official Standard NOM-051, which regulates labeling of food and beverages in Mexico, has undergone several updates since 2010. The most significant amendment was introduced in 2020, bringing key changes such as warning labels, new precautionary claims, and restrictions on packaging design. This amendment has had a major impact on the food industry, particularly for pre-packaged products, and is crucial for both domestic and international marketing in the context of increasing globalization.New Tax Preferential Policy for Overseas Investors in China: Tax Credit from Dividend Reinvestment
The Ministry of Finance, the State Administration of Taxation (SAT) and the Ministry of Commerce have jointly released announcement on the tax credit policy for direct investment by overseas investors using distributed profits (Tax Credit Policy) on June 27, 2025, in order to boost the economy, further encourage overseas investments, and promote continuing operations within China on a long-term basis. The Tax Credit Policy provides the overseas investors tax credit on distributed profits that are re-invested directly in China by satisfying certain conditions.Courts tighten the noose on the reference value of real estate
Some high courts of justice are already raising doubts about the automatic application of the reference value, forcing “pay first and challenge later”. Besides, the Constitutional Court has recently admitted a question of unconstitutionality raised by the High Court of the Andalucian Community, which questions whether this mechanism violates the principles of economic capacity and reserve of law in tax matters.Double taxation treaties prevail over domestic law
According to the Spanish National Appellate Court (Audiencia Nacional), Brazilian “juros” must be classified as dividends for the purposes of the double taxation agreement between Spain and Brazil. Therefore, since treaties prevail over domestic law, the treaty-based exemption for such income cannot be denied.Environmental Taxes in Mexico: Obligations, Risks, and Strategies for Companies
Environmental taxes are state-level levies aimed at mitigating the environmental impact of several industrial activities, such as raw material extraction, pollutant emissions, and waste management. Given their regulatory complexity and diversity across the states, companies must implement proper diagnostics, compliance plans, and legal defense strategies to avoid financial, operational, and reputational risks.Recent developments in case law on anti-abuse rules
The Supreme Court has recently issued several judgments of great importance on the application of articles 13, 15 and 16 of the General Tax Law (hereinafter GTL), judgments that also affect the application of the doctrine of the so-called “second shot”.Mexico: Methods for determining customs value and their practical application
Customs value is the basis for calculating taxes on imports and exports and is determined primarily by the price paid plus certain additional costs. Declaring an incorrect value can result in fines or tax offenses, so proper documentation of each transaction is key.