Energy, Mining and Infrastructure
Legal Alert August, 2014
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Tel. +52 33 3848 5300
Fax +52 33 3848 5399
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32330 Juarez, Chihuahua, Mexico
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Fax +52 656 629 1399
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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 email@example.com Jorge Guadarrama Yañez firstname.lastname@example.org Luis Carbajo Martinez email@example.com Carlos Alberto Linares-Garcia firstname.lastname@example.org Hector Reyes Freaner email@example.com Jose M. Larroque firstname.lastname@example.org Federico Ruanova Guinea email@example.com Juan Carlos Valles Zavala firstname.lastname@example.org Eduardo Romero Ramos email@example.com Alejandro Sepulveda firstname.lastname@example.org Gaspar Gutierrez Centeno email@example.com Juan Bernardo Garcia Garza firstname.lastname@example.org Jorge L. Ruizjorge.email@example.com Fabian Monsalve Agraz firstname.lastname@example.org Reynaldo Vizcarra Mendez email@example.com Edmundo Elias Fernandezedmundo.firstname.lastname@example.org Manuel Padron Castillo email@example.com Adriana Ibarra Fernandez firstname.lastname@example.org
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