United States: New Decision Cancels Mexican Value Added Tax Withholding Obligations In V5 IMMEX Transactions - Cacheaux, Cavazos & Newton

Rule 3.8.9 of the General International Trade Rules for fiscal years 2012 to 2015 (currently Rule 7.3.3 of the General Foreign Trade Rules for 2023) enabled parties to carry out operations through code "V5" customs declarations ...