By: Dr. Paula Morales
Instituto Tecnológico Autónomo de México
The purpose of this paper is to examine, through empirical analysis, if the 2014 Tax Reform of the Special Tax on Production and Services Law (LIEPS, for its acronym in Spanish), particularly the added tax to sugary beverages and snack food, has managed to reduce the consumption of these products and, consequently, decrease the problems of child and adult obesity in Mexico.
By: Annapaola Llanas, CPA, Masters in Accounting
Leases: The Approach Proposed to Modify the Standard Will Greatly Impact Financial Information
Instituto Tecnológico Autónomo de México
Leasing activities in companies are very common. For those companies that assume the role of lessee, it means to agree to the use of assets required for its operations, without being exposed to the risks of taking ownership of them, in what was until now known as an “operating lease.”
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