On 15 October 2019, Mexico’s Congress has passed legislation considering tax fraud as organized crime. Purchase or sale of false tax invoice, unlawfully obtains a tax subsidy, fails to include accrued income in a tax return or fails to remit VAT will be considered as organized crime. The legislation sets penalty for tax fraud including mandatory prison and the seizure of assets.
The legislation will be effective from 1 January 2020.
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