New list of Companies which its IMMEX program has been suspended or cancelled Tax Division July, 2012 Tax News No. 5 Tax News On July 13, 2012, the Ministry of Economy through the Mexican Official Gazette published the names and numbers of the companies which has been suspended of an IMMEX Program (Program), due to the fail in fulfilling with the specific provisions of this Program. It is worth to mention that the suspension could turn into cancelling the IMMEX Program until the obligations omitted are not fulfilled. If the Program is definitely cancelled, the companies will have to return all the goods temporarily imported in a specific time and/or pay the corresponding custom taxes. Therefore, we strongly suggest reviewing your IMMEX status, which is available in the following links: Non-fulfillment of the IMMEX Decree http://www.ssgt.com.mx/pdf/IM MEXSuspendidosdatos.pdf Non-fulfillment of submitting the annual report http://www.ssgt.com.mx/pdf/IM MEXSuspendidosdatos.pdf If you need more information or any assistance about this information, we will be more than glad to help you. Tax News 1 México Oficina Aguascalientes Santos Briz Santos.Briz@mx.gt.com T (52 55) 5424 6500 Oficina León Luis Argüelles Luis.Arguelles@mx.gt.com T (52 55) 5424 6500 Evaristo de La Torre Evaristo.DeLaTorre@mx.gt.com T (52 449) 996 6260 Oficina Guadalajara Mario Rizo Mario.Rizo@mx.gt.com T (52 33) 3817 4480 Francisco Solís Francisco.Solis@mx.gt.com Oficina Monterrey Pedro Zugarramurdi Pedro.Zugarramurdi@mx.gt.com T (52 55) 5424 6500 Ricardo Suárez Ricardo.Suarez@mx.gt.com Precios de Transferencia T (52 55) 5424 6500 Oficina Cd. Juárez Evaristo de La Torre Evaristo.DeLaTorre@mx.gt.com T (52 477) 779 5330 Oficina Tijuana Luis Fernando Acosta Fernando.Acosta@mx.gt.com T (52 664) 686 4797 Santos Briz Santos.Briz@mx.gt.com T (52 55) 5424 6500 Ricardo Suárez Ricardo.Suarez@mx.gt.com Precios de Transferencia T (52 55) 5424 6500 Oficina Querétaro Oficina Mexicali Luis Fernando Acosta Fernando.Acosta@mx.gt.com T (52 686) 554 5251 Pedro Zugarramurdi Pedro.Zugarramurdi@mx.gt.com T (52 55) 5424 6500 Oficina Puerto Vallarta Mario Rizo Mario.Rizo@mx.gt.com T (52 322) 224 1297 This document has been prepared with dedication and professional care by Salles, Sainz – Grant Thornton, S.C. Nevertheless, because of its nature, Salles, Sainz – Grant Thornton, S.C., neither the authors will be responsible for unlikely mistakes or omissions in this publication. When the reader wishes to use it for the daily transaction or put in practice any concept, calculation or text showed in this document, he/she shall look up the original documents and ask to his/her consultant in order to make a decision. Visit www.ssgt.com.mx Salles, Sainz – Grant Thornton, S.C. is a Firm distinguished in Mexico for rendering audit, tax, accountant and business consultancy personal services. Salles, Sainz – Grant Thornton, S.C. is a member Firm of Grant Thornton International Ltd (Grant Thornton International). Grant Thornton International and its member Firms do not constitute an international society. The services are rendered by the member Firms independently. Tax News 2