More Taxes on US Companies with Income from Other Countries

Overview


Jay Singer, speaking at a Monterrey, Mexico event co-sponsored by the National Association of Tax Specialists (Monterrey chapter) and the Caintra de Nuevo León, said that under the new US tax bill “there are companies that will end up paying more taxes in the United States because before they had the possibility of taking deductions for the payments they made from the United States to Mexico and now in certain situations they will be restricted.”