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Results: 1-10 of 243

Investing in Mexican real estate: outlook, framework and special considerations (part 5)
  • Martin-Sanchez & Leon de la Barra, LLP
  • Mexico
  • March 12 2012

Due to the complexities of the deed, the parties will often enter into a binding preliminary agreement that (a) sets the basic terms of the transaction (i.e. purchase price, subject matter and time for closing), (b) provides seller with a period of time to provide all documents necessary for the closing (i.e., certificate of no lien, tax receipts, receipts evidencing no outstanding utilities, and a current valuation of the property for tax purposes), (c) provides the purchaser with a period of time to obtain financing andor to schedule the required payments, and (d) demands payment of a deposit or initial payment (receipt of initial payments may be considered a taxable event; thus, tax advise should be obtained prior to entering into acceptance of an initial payment


California courts may have an interest in a Mexico breach of contract dispute
  • Martin-Sanchez & Leon de la Barra, LLP
  • Mexico, USA
  • November 26 2012

Last week, California’s Court of Appeal affirmed a trial court’s finding of forum non conveniens, but reversed the order to dismiss and remand with directions to vacate the dismissal and enter an order staying the matter


IRS rules that a Mexican land trust is disregarded for United States income tax purposes
  • Loeb & Loeb LLP
  • Mexico, USA
  • January 24 2013

Mexican law prohibits non-Mexican citizens from owning land within 100 kilometers of Mexico's inland borders or 50 kilometers from its coastline



Michael Fitzgerald on the FIBRA structure
  • Paul Hastings LLP
  • Mexico, USA
  • May 26 2015

Mike considers the use of the FIBRA structure, which the firm helped to develop in the real estate sector as a vehicle to create master limited


IRS issues published ruling on Mexican land trusts
  • Loeb & Loeb LLP
  • Mexico, USA
  • September 5 2013

We previously reported to you (Vol.8, No 1, January 2013) on a private letter ruling issued by the IRS on the income tax treatment of a popular real


U.S.-Mexico agreement update on the transboundary hydrocarbon reservoirs
  • Holland & Knight LLP
  • Mexico, USA
  • July 29 2014

The governments of Mexico and the United States signed an agreement in 2012 to set up the rules regarding transboundary hydrocarbon reservoirs


The infrastructure and real estate trust in Mexico (FIBRA)
  • Haynes and Boone LLP
  • Mexico
  • February 13 2013

After several years of legislative effort in Mexico, particularly in the area of tax, a structure has been established that now makes it attractive


Constitutional amendments to public registries and property tax assessment rolls
  • Basham, Ringe y Correa SC
  • Mexico
  • January 13 2014

On December 27, 2013, an Executive Order was published in the Federal Official Gazette adding paragraph XXIX-R to Article 73 of Mexico's Federal


Internal Revenue Service concludes that Fideicomiso or Mexican land trusts are not "trusts" for United States tax purposes
  • Sheppard Mullin Richter & Hampton LLP
  • Mexico, USA
  • June 17 2013

On June 6, 2013, the Internal Revenue Service issued Revenue Ruling 2013-14, which concludes that a Fideicomiso or a Mexican Land Trust (MLT) is not