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Mexico › Federal Labor Laws › Profit Sharing

Ogletree, Deakins, Nash, Smoak & Stewart,...

Companies in Mexico Must File Annual Tax Reports by March 31, 2025: What to Know About Profit-Sharing Obligations

Ogletree, Deakins, Nash, Smoak & Stewart,... on

By March 31, 2025, companies in Mexico need to file their annual tax returns for the prior fiscal year with the Tax Administration Service (Servicio de Administración Tributaria (SAT)). In addition to complying with tax...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Mexico’s Supreme Court Rules That the Cap to Profit Sharing Payments Is Constitutional

Ogletree, Deakins, Nash, Smoak & Stewart,... on

On April 3, 2024, the Mexican Supreme Court confirmed the requirement to pay up to three months of base salary for profit-sharing (PTU) payments....more

Holland & Knight LLP

Mexican Supreme Court Declares Constitutional the Limit of the Payment of Profit Distributions

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As part of the constitutional review, Amparo No. 633/2023, the Second Chamber of the Mexican Supreme Court of Justice declared constitutional (and thus valid) the limit of three months of the employee’s salary or the average...more

Foley & Lardner LLP

Ban to General Outsourcing/Insourcing Is Approved by Mexican Congress

Foley & Lardner LLP on

As previously informed, on November 11, 2020, the President of Mexico submitted a bill proposing the amendment of the Federal Labor Law, Social Security Law, National Workers’ Housing Fund Institute Law, Federal Tax Code,...more

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