US Tax Code Section 1441: Withholding and reporting requirements for payments to a foreign person

Does your company make payments to foreign entities or non-U.S. individuals? If yes, you may have tax withholding requirements. Tax Code Section 1441 sets forth the requirements for tax withholding that applies when a U.S. entity makes payments to a foreign person. Many U.S. companies, however, are either unfamiliar with the applicable rules, or are…

Bright Future for the Mexican Peso

Today Mexico’s key economic indicators appear to be increasingly robust and stable. Mexico is projecting 3.5 percent growth this year, an impressive economic turnaround led largely by exports to China. This economic growth will spur Mexico to become one of the two most interesting markets to invest in Latin America, just behind Brazil. This article…

Promexico Names Diaz Reus as Legal Representative at the World Expo, China

ProMexico, the government institution responsible for strengthening Mexico’s participation in the global economy recently entered into an agreement with Diaz Reus & Targ, LLP to serve as legal advisors to the Mexican delegation during the World Expo in Shanghai, China. This report provides an update on this development. MIAMI, FLORIDA – ProMexico, the government institution…