Coparmex rejects tax and foreign investment reforms, warning they could deter private participation
Translated from Spanish and summarized by DistantNews. Read the original for the full story.
At a glance
- Coparmex urged Mexico’s Congress to analyze proposed fiscal, judicial and foreign investment reforms through technical discussions and dialogue with businesses.
- The employers’ group opposed tax changes that would increase companies’ costs or discourage investment, particularly affecting micro, small and medium-sized firms.
- It warned that tighter controls on large foreign investments, administrative barriers and excessive sanctions could reduce competitiveness and conflict with Mexico’s trade commitments.
Coparmex has rejected proposed changes to Mexico’s tax and foreign investment rules, warning that they could increase uncertainty for companies and discourage private investment. The employers’ group made its position known ahead of the next regular session of Congress.
The organization called on lawmakers to prioritize technical analysis, dialogue with the productive sector and agreements that provide legal certainty. It said changes to the Economic Package and the 2027 Fiscal Miscellaneous Package would affect businesses across the economy, especially through fiscal and budget decisions.
prioritize technical analysis, dialogue with the productive sector and the construction of agreements that guarantee legal certainty
Coparmex, led by Juan José Sierra Álvarez, said it opposed “any tax reform that unnecessarily increases companies’ burdens, makes formal employment more expensive or discourages investment.” It argued that lawmakers should focus on competitiveness, job creation and reliable conditions for investors, with particular attention to micro, small and medium-sized businesses.
any tax reform that unnecessarily increases companies’ burdens, makes formal employment more expensive or discourages investment
The group also criticized a proposal to amend Mexico’s Foreign Investment Law. While acknowledging the importance of protecting national sovereignty, it warned against “a system of control and discretion that could compromise legal certainty and the business climate in Mexico.”
Coparmex said requiring investments above 49% in strategic sectors to undergo security reviews, applying automatic denials when authorities fail to respond, and imposing disproportionate penalties could create bureaucratic obstacles and drive investment away. It also urged lawmakers to ensure the changes do not conflict with the United States-Mexico-Canada Agreement. On artificial intelligence, copyright and industrial property, the group called for rules that protect certainty without imposing excessive costs or slowing innovation and technological investment.
a system of control and discretion that could compromise legal certainty and the business climate in Mexico
Originally published by El Universal in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.