North America: Tax

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Article
Plan Mexico — Immediate Actions For Investment:
On May 4, 2026, the following were published in the Official Gazette of the Federation (DOF): (i) the “Agreement issuing general criteria and guiding operational guidelines for the promotion of productive investment and tax compliance” and (ii) the ”Decree for the Immediate Authorization of Investments” within the framework of Plan Mexico, which entered into force the day following their publication.
Mexico Tax
VW
Von Wobeser y Sierra, S.C.
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Article
How To Be Audit Ready In The Face Of Canada’s New Transfer Pricing Rules
Canada’s new transfer pricing rules are in effect for tax years beginning after the 2025 federal budget (i.e., 2026 for calendar year taxpayers). It will be many years before the courts weigh in on the impact of the amendments, but the time for multinationals to ready themselves for CRA audit scrutiny is now. Below, we outline the key changes in the amendments and the practical steps that taxpayers can take today.
Canada Tax
OH
Osler, Hoskin & Harcourt LLP
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