Representatives of companies which sent their proposals to the Governement./ Picture: Casa de América.
Eva Cantón. Madrid.
The Government will take into account the opinion of the big companies of Ibex 35 and Mexican companies in the negotiations to renew the Tax Agreement with Mexico, which plans to update the regulatory framework of 1994.
Telefónica, ACS, Grupo Alfa, Abertis, Cemex, Grupo Santander, Iberdrola, Grupo Bimbo, Repsol, BBVA, Ado, Gas Natural Fenosa, OHL or Gruma are just some of the firms that have sent their proposals to the Executive of Mariano Rajoy to update the bilateral agreement avoiding double imposition and preventing fraud and tax evasion.
The document with the initiatives of the businessmen was given to the secretary of State of the Treasury, Miguel Ferre, in an event celebrated in House of America in presence of the Ambassadress of Mexico, Roberta Lajous, who highlighted the importance for the companies to grow outside their borders and defend, therefore, the evolution of the legal framework in force as regards taxation.
Big companies want the new framework to focus on encouraging investment
Along the same lines, Ferre said that the current agreement does not reflect the change that both the relations and “the macroeconomic picture” of both countries have undergone and he celebrated that the companies have participated in its renewal process.
The petitions made by the companies to the new taxation framework are focused on three areas: taking into account the relations between Spain and Mexico, incorporating the last postulates of the OECD and encouraging business investment, according to what the fiscal director of Telefónica for Latin America, Miguel Iglesias, who was the representative of the Spanish firms, explained.
