Document that Reforms the Mining Law approved by the Mexico House of Representatives
Tax Alert 03/2013
The Plenum of the House of Representatives in Mexico approved yesterday, April 25 2013, the document with the Draft Decree which will reform and add several articles to the Mining Law and the Fiscal Coordination Law that was submitted by the joint Committees of Economy and Finance.
It is important to point out that this is an important and relevant step to its ultimate approval and eventual publication, but there are still stages to be completed.
The main amendments embodied in this Bill are detailed below:
- Special Mining Duty
- Additional Mining Duty
- Transitional Articles