Energy, Mining and Infrastructure
Legal Alert August, 2014
Visit our site: www.bakermckenzie.com/mexico
Visit our blog www.mexicoenergybrief.com
Blvd. Puerta de Hierro 5090
Fracc. Puerta de Hierro
45110 Zapopan, Jalisco, Mexico
Tel. +52 33 3848 5300
Fax +52 33 3848 5399
P.T. de la Republica 3304, Piso 1
32330 Juarez, Chihuahua, Mexico
P.O. Box 9338 El Paso, TX 79995
Tel. +52 656 629 1300
Fax +52 656 629 1399
Edificio Scotiabank Inverlat,
Blvd. M. Avila Camacho 1
11009 Mexico, D.F., Mexico
Tel. +52 55 5279 2900
Fax +52 55 5279 2999
Oficinas en el Parque, Torre Baker & McKenzie - Piso 10
Blvd. Antonio L. Rodriguez
64650 Monterrey, Nuevo Leon, Mexico
Tel. +52 81 8399 1300
Fax +52 81 8399 1399
Blvd. Agua Caliente 10611, Piso 1
22420 Tijuana, B.C., Mexico
P.O. Box 1205 Chula Vista,
Tel +52 664 633 4300
Fax +52 664 633 4399
Mexico’s Energy Reform
Amendments Fiscal Coordination Law
On August 11,2014 a Decree was published in the Official Federal Gazette, amending the Fiscal Coordination Law.
The amendments of the Federal Coordination Law establish the mechanism of distribution of new amounts regulated by the Law of Revenue over Hydrocarbons.
A mechanism is also established to distribute revenue from assignations and contracts related to oil and gas exploitation and exploration, in which municipalities and states may participate.
The amendments to the Fiscal Coordination Law includes a clear difference with regard to revenue that may be distributed to local governments by category (establishing a difference with revenue amounts derived from contracts).
It also establishes the following percentages in order to determine the distributable revenue:
We will be happy to answer any questions you may have regarding the Fiscal Coordination Law.
ContactsBenjamin Torres Barron firstname.lastname@example.org Jorge Guadarrama Yañez email@example.com Luis Carbajo Martinez firstname.lastname@example.org Carlos Alberto Linares-Garcia email@example.com Hector Reyes Freaner firstname.lastname@example.org Jose M. Larroque email@example.com Federico Ruanova Guinea firstname.lastname@example.org Juan Carlos Valles Zavala email@example.com Eduardo Romero Ramos firstname.lastname@example.org Alejandro Sepulveda email@example.com Gaspar Gutierrez Centeno firstname.lastname@example.org Juan Bernardo Garcia Garza email@example.com Jorge L. Ruizjorge.firstname.lastname@example.org Fabian Monsalve Agraz email@example.com Reynaldo Vizcarra Mendez firstname.lastname@example.org Edmundo Elias Fernandezedmundo.email@example.com Manuel Padron Castillo firstname.lastname@example.org Adriana Ibarra Fernandez email@example.com
Baker & McKenzie International is a Swiss Verein with member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a "partner" means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an "office" means an office of any such law firm. This may qualify as "Attorney Advertising" requiring notice in some jurisdictions. Prior results do not guarantee a similar outcome. Before you send e-mail to Baker & McKenzie, please be aware that your communications with us through this message will not create a lawyer-client relationship with us. Do not send us any information that you or anyone else considers to be confidential or secret unless we have first agreed to be your lawyers in that matter. Any information you send us before we
agree to be your lawyers cannot be protected from disclosure.