May 8, 2026
Foley Viewpoints
New Criteria for Tax Audits and Refunds: Greater Tax Certainty for Your Business
Recently, Mexico’s Ministry of Finance (SHCP) published the “Agreement Establishing General Criteria and Operational Guidelines of an Advisory Nature to Promote Productive Investment and Tax Compliance.” In practice, this instrument aims to foster a clear and predictable tax environment, streamline administrative procedures, encourage investment, and provide greater certainty in tax audits and refund processes. This is particularly significant in light of the upcoming review of the United States-Mexico-Canada Agreement (USMCA) and the growing interest in attracting both domestic and foreign capital to operate in Mexico.
