Taxation of foreign exchange results

Journal
Vargas, R.; Grosselin, T.; Hek, K. van 't
Mexico
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2009 (Volume 11), No. 3
Format/Price
JournalUSD 45

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.