Washington — The Computer & Communications Industry Association joined 8 other associations in sending a letter to U.S. officials expressing concerns with Mexico’s plans to amend its taxation laws in a way that discriminates against foreign technology firms and departs from longstanding global principles. U.S. officials should discourage Mexico from pursuing these legislative changes, and work to join ongoing multilateral discussions regarding necessary changes to global tax rules in light of digitalization.
The following can be attributed to CCIA President & CEO Ed Black:
“Mexico remains a critical trading partner of the United States, and the landmark digital trade chapter in the U.S.-Mexico-Canada Agreement will open up opportunities for digital exporters of both markets. Legislation such as these new tax rules in Mexico will undermine this potential.”