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Treasury Responds to Chamber Group Letter Seeking U.S. Recognition of Proposed Flat Tax in Mexico

AUG. 1, 2007

Treasury Responds to Chamber Group Letter Seeking U.S. Recognition of Proposed Flat Tax in Mexico

DATED AUG. 1, 2007
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August 1, 2007

 

 

Mr. Simón A. Díaz

 

President & Chairman of the Board

 

American Chamber of Commerce of Mexico

 

Lucerna 78-4

 

Col. Juárez

 

06600

 

Mexico City, Mexico

 

 

Dear Mr. Díaz:

 

 

Thank you for your letter on the treatment, under U.S. tax law, of payments of Mexico's proposed Contribución Empresarial de Tasa Única (CETU). Because your letter concerns a matter of tax policy, it was referred to me.

We are currently studying the proposed CETU and discussing it with Mexican tax authorities. We understand the importance of this issue to U.S. companies doing business in Mexico. Your offer to provide further information or assistance in our analysis is very much appreciated.

Sincerely,

 

 

Eric Solomon

 

Assistant Secretary

 

(Tax Policy)
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